SOLD – Freehold Holiday Accommodation and Residence – Port Fairy Region, VIC

Description

FREEHOLD COASTAL LIFESTYLE….UNIQUE ACCOMMODATION…..GROWTH POTENTIAL 

Codrington Gardens Bed and Breakfast is RACV and AAAA with a mix of 3.5 and 4 Star Rated holiday accommodation in the Great Ocean Road region. This wonderful tranquil rural retreat is located on the un-spoilt South-West Coast of Victoria, most famously known as “The Shipwreck Coast”, between Port Fairy and Portland.   

The property and business consist of 6.5 acres of beautiful gardens and lawn (surprisingly low-maintenance), a gorgeous period 3-bedroom home with all original period features, 3 unique train carriage units and 4 classic country cottages for holiday accommodation.    

All Train carriages and cottage accommodation are fully furnished, air-conditioned, ensuite, living or sitting areas, some with a kitchenette and outdoor area to soak up the sun and ambience of the park-like surrounds.  

The owners choose to only operate the business on a small scale that suits their current lifestyle, but previously the business successfully provided breakfast and evening meals to guests, operated a fully licensed restaurant, hosted, and catered to weddings and events, all of which can easily be reinstated to increase revenue. The potential for growth with this unique property is endless.  

Ideal property for clubs, boutique weddings, craft gatherings, health retreats etc.  

The restaurant has potential for servicing off-site guests throughout the day and evening, perfect for a Cafe Restaurant or Devonshire teas. The region is crying out for more attractions. A cafe combined with the gardens offer a perfect destination for tourist in the region. 

The gardens used to be “open gardens” in the past, visitors paid an entry fee, that combined with a Devonshire tea kiosk created a healthy income for the previous owners. 

 Property conveniently located in the Great Ocean Road region only 2mins from the town of Yambuk, the gateway to the region’s natural tourist attractions. Just a 7-minute drive to ocean beaches and The Crags, 5mins to Yambuk Lake, 17mins to Port Fairy, 35mins to Portland and Warrnambool, 25mins to Mt Eckles National Park, just to name a few. 

This lifestyle property would suit a family or entrepreneur couple and is a ‘MUST SEE’ to appreciate its beauty and potential to increase revenue exponentially all from your home base. 

Freehold Price $950,000 negotiable