16/270 Skenes Creek Road
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About this property
Perched on the Otways hillside with breathtaking panoramic ocean views, this fully furnished one bedroom villa (approx. 80m²) offers a rare opportunity to have a piece of the iconic Great Ocean Road coastline. Nestled within a rural conservation zone of rugged beauty, the property provides a peaceful retreat that feels a world away from the everyday, yet remains just a short drive from the vibrant community of Apollo Bay. Whether you're seeking a premium coastal investment or a private seaside escape, this property offers the perfect balance of lifestyle and income. The property is offered on a 99-year leasehold and has been delivering an impressive ~7% return under professional holiday management - an opportunity rarely found along the Great Ocean Road. Currently operating under a holiday management agreement, the villa provides immediate passive income (as well as some owner use). With 12 months' notice, owners have the flexibility to exit the program for personal use or continue short-term holiday letting. (Please note: permanent residential leasing is not permitted.) If purchased and sold in five years, the lease term would still have 99 years remaining, preserving long term value.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 80 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Skenes Creek
This 1-bedroom apartment in Skenes Creek, VIC 3233 sits within reach of public transport, local amenities. It is listed 79% below the $950,000 median of 39 comparable apartmentswithin 5 km.
What's nearby
- Skenes Creek Valley Rd/Great Ocean Rd (bus) — 991 m away
- Unnamed — 909 m away
Skenes Creek at a glance
Full suburb profile- Population
- 249
- Median age
- 55
- Household income
- $1,260/wk
- Median rent
- $295/wk
- Median mortgage
- $1,450/mo
Source: ABS Census.
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