54 Lord Street

Positioned in the heart of Port Campbell along the iconic Great Ocean Road, this is a rare opportunity to secure a 2,025sqm (approx.) freehold property within the General Residential Zone (GRZ), delivering flexibility, immediate income potential and long-term upside in a tightly held coastal market. Currently operating as Port Campbell Flashpackers, the property comprises approximately 7 accommodation rooms across multiple dwellings, including a main residence and additional self-contained accommodation. This configuration provides an established income stream, with scope to further enhance returns through continued operation, leasing or repositioning. The offering is further strengthened by the option to acquire the existing accommodation business separately, presenting a turnkey opportunity for investors or owner-operators seeking entry into the region's thriving tourism sector. Ideally located within walking distance to the beach, cafes and township amenities, and just minutes from the Twelve Apostles and surrounding attractions, the property benefits from strong year-round tourism demand and consistent visitor flow. Investors and developers will appreciate the flexibility to generate income, occupy, lease or redevelop (STCA), supported by GRZ zoning and the generous landholding. Additional upside exists through refurbishment, reconfiguration or branding improvements, allowing buyers to maximise occupancy and long-term returns. A compelling coastal asset offering multiple income streams, lifestyle appeal and clear exit strategies in one of Victoria's most recognisable destinations. For further information on the freehold and optional business opportunity, contact Peter Worden - Nutrien Harcourts Timboon.