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Historic Home Plus Cottage With B&B On 588sqm

Freehold $1,650,000

Queenscliff, Victoria

Historic Home Plus Cottage With B&B On 588sqm

Boasting an excellent location, strong trading figures and potential for further growth, this outstanding accommodation business in Queenscliff is a must-see for hospitality business and investment buyers.

Offered to the market by Gartland Real Estate, Benambra is centrally located in this historic and popular seaside town on the Bellarine Peninsula, within a short stroll to the beach, restaurants, cafés, shopping precinct, marina, and the ferry to Sorrento.

Benambra has been offering accommodation since the 1880s and is currently run as a very successful Bed and Breakfast by the owners.

This large, historical home comprises 8 bedrooms, 8 bathrooms (7 ensuites), 2 living rooms, dining room and a well appointed kitchen.
In addition, there is a gorgeous, restored, 1860's 2-bedroom fisherman's cottage, with its own street frontage.

At a glance:
• Well maintained property
• One-bedroom owner's residence within main house
• Two-bedroom self contained cottage at rear of property
• Opportunity to grow/change direction of the business, with possibility to develop and/or subdivide (STCA).

Whilst the business is very successful, with the owners achieving an excellent return on their investment and strong growth in the past five years, there is potential here. Alternately, Benambra would make an excellent home for an extended family.

Price: $1,650,000 WIWO

Contact Nathan Ashton: 0418 566 708
Email: nathan@gartland.com.au

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Last updated: 8th October 2016

Summary

Property Type
Business
Contract Type
For Sale
Location
 Queenscliff
State
 Victoria
Price
Freehold $1,650,000
Category
  • Guest House/B&B

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Agency

Coast to Coast Media

Contact

Coast to Coast  Media

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