ResortBrokers is privileged to exclusively present to market the freehold going concern of Bayside Lodge in Warrnambool, the largest city along the Great Ocean Road, Australia’s most visited scenic route.
Offering a premium location just 100 metres from the beach, the 11-apartment property occupies an expansive 4,500 sqm parcel of land in this highly sought-after destination that welcomes approximately 7 million visitors each year.
With a population of over 35,000 permanent residents, Warrnambool is a major hub along the Great Ocean Road and both a tourist destination and busy corporate centre. Currently trading below its potential, there is clear upside for the incoming operator to reposition the asset and capture unrealised demand in this busy centre. With a shortage of prime freehold properties in the Great Ocean Road region, Bayside Lodge presents a rare opportunity for astute buyers.
Interested? Why not give Hugh Thomas a call on 0420 996 319 or hugh@resortbrokers.com.au