Captains Cove Waterfront Apartments, 19 Mitchell Street,
Paynesville, VIC 3880
Hotel, Motel & Leisure
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Map of Captains Cove Waterfront Apartments, 19 Mitchell Street
CAPTAINS COVE WATERFRONT APARTMENTS - A UNIQUE GIPPSLAND LAKES LIFESTYLE OPPORTUNITY
Management Rights - Business & Property for Sale:
Discover an exceptional lifestyle and business opportunity with the sale of management rights and associated management residence, and office property at Captains Cove Waterfront Apartments. Perfectly positioned on the absolute waterfront in the heart of the Gippsland Lakes, this well-established accommodation business combines luxury, relaxation, and strong returns.
The Business:
Captains Cove Waterfront Apartments is a highly regarded holiday destination, offering guests an idyllic retreat with modern comforts and breathtaking views. The management rights provide the opportunity to oversee a well-run complex of 15 stylish apartments, each designed to enhance the waterfront experience. The business boasts a solid track record, repeat clientele and a thriving tourism market.
Each of the 14 self-contained apartments that are under management features spacious living area, full kitchen, and private deck overlooking the tranquil waters. The master bedroom offers private balcony with stunning water views, ensuring a serene and memorable stay for guests.
Additionally, a long caretaker agreement is in place for the maintenance and repair of the common property, providing an additional income stream for the business.
The Property:
Included in the sale is the owner/manager's 4 bedroom / 2 bathroom recently renovated residence, which also houses the office / Reception, commercial laundry and housekeeping space, private courtyard and jetty, providing a convenient and comfortable base for operations.
Situated in the stunning Gippsland Lakes region, Captains Cove Waterfront Apartments is the ideal lifestyle business. With its prime waterfront location, well-maintained facilities and established reputation, this is a rare opportunity to invest in a successful management rights business and secure a rewarding lifestyle.
For further details, contact us today.
Discover an exceptional lifestyle and business opportunity with the sale of management rights and associated management residence, and office property at Captains Cove Waterfront Apartments. Perfectly positioned on the absolute waterfront in the heart of the Gippsland Lakes, this well-established accommodation business combines luxury, relaxation, and strong returns.
The Business:
Captains Cove Waterfront Apartments is a highly regarded holiday destination, offering guests an idyllic retreat with modern comforts and breathtaking views. The management rights provide the opportunity to oversee a well-run complex of 15 stylish apartments, each designed to enhance the waterfront experience. The business boasts a solid track record, repeat clientele and a thriving tourism market.
Each of the 14 self-contained apartments that are under management features spacious living area, full kitchen, and private deck overlooking the tranquil waters. The master bedroom offers private balcony with stunning water views, ensuring a serene and memorable stay for guests.
Additionally, a long caretaker agreement is in place for the maintenance and repair of the common property, providing an additional income stream for the business.
The Property:
Included in the sale is the owner/manager's 4 bedroom / 2 bathroom recently renovated residence, which also houses the office / Reception, commercial laundry and housekeeping space, private courtyard and jetty, providing a convenient and comfortable base for operations.
Situated in the stunning Gippsland Lakes region, Captains Cove Waterfront Apartments is the ideal lifestyle business. With its prime waterfront location, well-maintained facilities and established reputation, this is a rare opportunity to invest in a successful management rights business and secure a rewarding lifestyle.
For further details, contact us today.
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Paynesville, 3880 demographic data
The median household income for Paynesville is $987, 29% lower than Regional Victoria's household income of $1,386. Paynesville has an older age profile compared to the rest of Regional Victoria (median age 62 vs 43). Property ownership data shows 25% of property owners in Paynesville have a mortgage.
3,636
Population
$987 per week
Median household income
62 years
Median age
Owners
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Most households
Captains Cove Waterfront Apartments, 19 Mitchell Street
Paynesville, VIC 3880
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