8 Elgin Road, Beechworth VIC 3747

Beechworth Cottages is a truly rare offering in today's real estate market, providing the astute purchaser with a highly profitable luxury self-contained accommodation enterprise with the ability to live on or live off the property, owner operate or operate under management. The current planning permit approval for the addition of a fifth cottage further enhances the opportunity to increase turnover and let's not overlook the future ability to sub-divide the property (stca) and really bank the fruits of your labour! The property is located within walking distance to the town centre and is a stone's throw from Lake Sambell, schools and the golf course. The site represents 8,386m2 of prime General Residential Zone 1 land with improvements being McNamara Cottage, a two storey four bedroom self-contained dwelling and three generously proportioned two bedroom self-contained cottage's called Ah Yett, Drummond and Ingram cottage. All dwellings have recently been updated and provide guests with a sumptuous relaxing environment to enjoy their stay in historic Beechworth. The property comes as a going concern together with an extensive inventory, solar package, web-site with online booking facilities, strong forward bookings and repeat customer patronage. This is the ideal purchase for those seeking a tree-change with the opportunity to earn a substantial income or an ideal self-managed superannuation acquisition with a view to future sub-division. Call today for the information memorandum.