16 Grant Street, Forrest VIC 3236

This iconic property includes 2 successful revenue streams: The Forrest Guesthouse and Dar Teta Restaurant with the addition of a 3-bedroom modern home. The total offering of 1865 sqm in the heart of Forrest, the mountain biking tourist mecca for riders, is an excellent return on investment opportunity.

Forrest Guesthouse
Set against the backdrop of lush greenery, this guesthouse offers a secluded sanctuary. A harmonious blend of old-world rustic allure and modern comforts defines this property creating an inviting ambiance for relaxation and rejuvenation. Situated within walking distance of the Forrest Brewery and General Store, this popular accommodation is conveniently located in the heart of town while remaining private. Four independent guest suites (3 King and 1 Queen), each with an ensuite, reverse cycle air conditioner and kitchenettes, all face north and are accessed by an expansive veranda. Each room is thoughtfully designed to offer a cozy retreat after a day of exploration, ensuring a restful night's sleep.

Restaurant – Dar Teta
This established restaurant is currently tenanted and offers authentic Middle Eastern cuisine. It’s a 60-seater restaurant with indoor and outdoor dining, and a huge commercial kitchen including a cool room. The current tenants lease ends on the 31 of May 2024, as a result, starting June 1st, the restaurant space will be available for new opportunities

Modern Home and Shed
This beautiful modern 3-bedroom (plus large office), 2-bathroom independent residence has a wood burner stove, underfloor heating in the bathrooms, and a modern kitchen in an open-plan setting, perfect for family and social gatherings. A new shed has been constructed and houses a laundry and plenty of storage room. There is room at the front of the house for 2 cars. The house has town water, while the garden utilises grey water for the lawns and garden beds. The enclosed orchard is also ready for the addition of raised garden beds that will also be protected from the abundant bird and wildlife.

Forrest is a vibrant town with so much to offer. Explore the abundance of nature trails, bike trails, waterfalls, and rainforests nearby, perfect for leisurely walks or adventurous beings. Gather around the fire pit for evenings filled with warmth and camaraderie.

We can provide information on the financial returns and potential earnings on request.