$5,850,000

15 Bed  •  15 Bath  •  15 Car

Main view of Homely block of units listing, 99 The Terrace, Ocean Grove VIC 3226
Second view of Homely block of units listing, 99 The Terrace, Ocean Grove VIC 3226
Third view of Homely block of units listing, 99 The Terrace, Ocean Grove VIC 3226
+1

Sold

99 The Terrace, Ocean Grove VIC 3226

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$5,850,000

  • 15
  • 15
  • 15

Block of Units Sold on Fri 24 Dec, 2021

What's around The Terrace

Block of Units description

“Business Opportunity on The Bellarine.”

Private inspections available on request in person or via video conference – please call the listing agents today to book a convenient time.

This is a once in a lifetime opportunity to capitalise on the rapidly growing Bellarine Peninsula holiday accommodation sector. Business and Freehold.

Sympathetically blending into the surrounding streetscape, this luxury resort features 15 individual rooms that are light and spacious with a luxurious ultra-contemporary decor. A variety of room size is on offer and includes two impressive penthouses with spectacular ocean and coastal views. Family rooms, spa rooms and two all-ability rooms are also available. A few minutes’ walk to the golden sands and boutique shopping and eateries of popular Ocean Grove. Close to Golf Courses, wineries and other holiday activities. Guests have full use of the undercover heated in-ground pool and spa and the all-weather outdoor entertaining zone. A reception area with office facility is also included, plus storage cages and a storeroom.

This thriving and growing business has a reputation for providing a high-end experience in an unbeatable location. It is being sold as a going concern, fully furnished and with all systems proven and in place. Options include continuing to manage this business in its current format or investigate on-selling units to allow individual investors to share in the benefits of this opportunity.

Ocean Grove is an attractive destination for adventure seekers or for holidaymakers looking for a relaxed vibe; it is the gateway to the abundant bounties of the local area and the spectacular Great Ocean Road. This is an exciting chance to embrace opportunity and to reap its rewards’

For further information, including a 3D tour and video of the property, please contact the listing agents.

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