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79 Old Port Foreshore Road

Port Albert, VIC 3971, Australia
$950,000
9 bed 3 bath 8 car150m²

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Area Price Guide
$893,000$1.01m

Indicative price guide range

🏘️
56
Comparable
📊
$495,000
Area median
⚖️
+92%
vs median
📐
$6,333
Per m²
📏
150 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

HOOKED INN COTTAGES are the inspiration of the current owners, who built two beautiful Storybook cottages for weekend and holiday guests in 2008. They were built to take full advantage of the peaceful surroundings of the partly cleared 10 acre secluded surroundings in Port Albert. "Kookaburra" cottage is the larger of the two and capable of accommodating 8 guests in comfort, whilst the romantically inspired "Blue Wren" cottage is perfect for couples. Quality fittings and furnishings complement the setting. The business has many repeat bookings and has been used to host weddings and special occasions. The third residence, currently the manager's home, has 4 bedrooms. The owners have upgraded the services capability of the grounds in readiness for a potential further eight cottages (STCA). Gross income will impress. The burgeoning holiday area is calling out for more high-quality accommodation, with Hooked Inn Cottages being ready for the benefits of further investment if the new owner so desires. The options are endless to grow the business as demand increases, and in the up-and-coming coastal town of Port Albert, it will! Recent federal government green power energy approvals for energy resources 7 km from "The Port" ensure future demand for accommodation of this type. Year round income will occur There you have it! A master home with two quality holiday cottages. This is an opportunity for both entrepreneurial and creative buyers to work towards a strong financial future. The choices are all yours to make. For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,606/month
    $2,303 /fortnight
    Loan $760,000 at 6.10% over 30 years

    Upfront costs

    Deposit$190,000
    Stamp duty$52,070
    Conveyancing (est.)$2,000
    Total upfront$244,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    3
    Parking
    8
    Land Area
    150m²
    Listed
    2 months ago

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