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75 Sincocks Road Pennyroyal, VIC 3235

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75 Sincocks Road,
Pennyroyal, VIC 3235

Hotel, Motel & Leisure • Other

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LORNE HINTERLAND LIFESTYLE PLUS

Stunning views from three separate dwellings on magnificent 30 acres (approx); uninterrupted outlook across the Great Otway National Park.
Currently operating as accommodation/B&B business voted the 8th Best Place to Stay in Victoria (RACV 101, 2009).
The main dwelling is a large one bedroom stylishly appointed Manager’s residence with stunning views from every angle. Full size kitchen with granite benches, bathroom has double spa, ample top quality storage in bedroom. There is scope to increase the size if desired (STCA).
The other two dwellings are modern self-contained ‘Studios’, privately spaced with own driveways & car-parking. Current occupancy >80% per month.
All dwellings are fitted with a spa bath, cooking facilities, private decks, reverse cycle air-conditioning, wood heater, water tanks and treatment plant.
There is a separate leisure facility with swim spa & sauna, along with extensive shedding/workshop and infrastructure.
Opportunity to substantially increase returns - current owner operates the two Studios eight months of the year with gross sales of $105,000.
Maintain current configuration and live the lifestyle with this thriving accommodation business, or manage remotely and utilize the main dwelling as another Studio to let. Everything to continue running this business will pass with the sale.
Priced at $1,025,000 if sold as a going concern.

Pennyroyal, 3235 demographic data

The median household income for Pennyroyal is $1,916, 38% higher than Regional Victoria's household income of $1,386. Pennyroyal has an older age profile compared to the rest of Regional Victoria (median age 47 vs 43). Property ownership data shows 33% of property owners in Pennyroyal have a mortgage.

110
Population
$1,916 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households
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75 Sincocks Road
Pennyroyal, VIC 3235

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