122 Great Alpine Road, Harrietville VIC 3741

EXPRESSION OF INTEREST

This is a rare opportunity to acquire a fully tenanted, tastefully renovated six-unit complex in the heart of Harrietville, one of Victoria’s most picturesque alpine townships.
Perfectly positioned along the scenic Great Alpine Road, this income-generating property comprises five self-contained two-bedroom units and one studio apartment, all of which have been thoughtfully updated within the past six years to offer modern, low-maintenance living.

Currently returning a gross rental income of $89,960 per annum, the property enjoys the benefits of historically low vacancy rates and strong, consistent demand from both long-term renters and seasonal renters.
Its location, just twenty minutes from Bright and under an hour to Mount Hotham, makes it a highly desirable base for holidaymakers, seasonal workers, and those seeking a peaceful lifestyle in a thriving regional setting.

Each two-bedroom unit features an open-plan kitchen, living, and dining area with electric cooking, a dishwasher, and generous cupboard and bench space. The bedrooms are fitted with built-in robes, and the bathrooms include a basin, toilet, laundry facilities, and either a shower or a shower over a bath.

The studio apartment offers a compact, open-plan layout with kitchen facilities and an ensuite bathroom at the rear, complete with a toilet, basin, and shower.

Adding further value to the complex is a shared laundry room, which presents an exciting opportunity for conversion into a second studio apartment, subject to council approval. This potential for expansion enhances the property’s already strong investment appeal.

Whether you're looking to expand your portfolio or secure a high-performing regional asset, this property offers immediate income, future growth potential, and a foothold in one of Victoria’s most tightly held alpine communities.

Expression of Interest closing 11th July 2025