1/200 Wattle Point Road, Forge Creek VIC 3875

With views of the Gippsland Lakes, this renovated unit sitting on 20 acres at Wattle Point Retreat comes with contemporary renovations and is the perfect investment offering a healthy 11% gross return (FY20)*.

Set in serene verdant bushland, this is a great place to unwind and enjoy access to the shared pool, sauna and tennis courts, perhaps after launching your boat close by to explore the lakes and Paynesville. With the best of both worlds, Tanjil has privacy from the other units and picture perfect bush and waterfront views making it a popularly-booked Melbourne escapade.

Once inside, get cosy next to the sumptuous wood heater in the open-planned spacious living and dining space. This is joined by a master and second bedroom sleeping up to 5 in total. With high ceilings and natural light, this unit is selling complete with furnishings, along with a well-appointed kitchen and bathroom which also includes a washing machine and laundry tub, for all that wet gear after summer fun!

From the private deck you can feed the local kangaroos, or cook on the barbecue for your friends and family, who have access to ample car and boat parking at this tranquil locale. A favourite amongst returning clients Tanjil is both tastefully decorated and comfortable, with the following features:

• Master bedroom with comfortable queen size bed
• Kitchen area complete sets of crockery and cutlery
• Full size fridge, microwave, stove and dishwasher
• Lots of storage and hanging space
• Dining table for 4-6 people
• Wood-heater
• Leather lounge suite
• Bathroom with washing machine
• Huge parking space
• TV and DVD players
• Decorated with artworks by Australian artists
• Fantastic view of the bush and waterfront setting outside
• Private outside deck with barbecue and outdoor setting
• Full glass windows giving you an uninterrupted view of the bush and water

On site facilities:
• Heated pool and spa (year-round)
• Canoes, kayak and bike hire,
• Jetty
• Tennis court
• Conference centre
• Nearby: boat ramp and Paynesville with eateries such as the Chef's Hat awarded “Sardine”

Waterfront Retreat recognition awards include:
• Hospitality Award 2018 East Gippsland Business Awards
• Hotels combined rating 9.3
• Recognition of Excellence Award by Hotels Combined
• Trip Advisor rating 4.5 of 5

This is your chance to buy the approx. 496m² title including the unit plus furnishings and although most owners prefer the year-around income, the management agreement allows for up to 3 weeks use per year at this fully-managed property with options to negotiate longer. You also have 1/17 share in the 20 acres of common property and facilities. Please note: this is not a residential property.

Wattle Point Retreat also hosts wedding bookings, conferences, special events and functions, providing further revenue to Tanjil alongside income from returning guests. An income year-around is derived at $275 or $210 per night, depending on period or as determined by the new owner. Note: bookings have been solid throughout the Covid period, despite 2020/21 being subject to state imposed COVID-19 travel restrictions. *ROI based on vendor price.

http://www.waterfrontretreat.com.au/accommodation/tanjil/ (please view this before enquiring)

For all enquiries please contact Cameron Howe on 0417 112 784.