ResortBrokers is delighted to bring to market a luxury rent roll on the Great Ocean Road with the majority of properties nestled between Wye River and Johanna. This exceptional opportunity has been tightly held for at least two decades, making its availability a rare event. The asset comprises fifty-three short-term properties, the majority of which boast breathtaking ocean views, adding a touch of luxury to the stable letting pool.
This is a great low-maintenance business for an owner-operator or an existing operator looking to take advantage of an additional revenue stream.
The true allure of this opportunity lies in its potential. Huge upside to double the renting pool, offering a chance to significantly increase the net profit, which currently stands at approximately $300,000.
There is tremendous potential for growth and additional income streams by growing the letting pool and exploring other revenue streams by tapping into the tourism market.
This business offers the unique advantage of being able to be run remotely, requiring little hands-on maintenance. This ease of operation, coupled with the stability of the business, makes it an attractive proposition for any discerning investor.
Interested? Why not give Hugh Thomas a call on 0420 996 319 or hugh@resortbrokers.com.au