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Overview
(Freehold – Vacant Possession WIWO)
Located in the pristine coastal town of Mallacoota in East Gippsland, Victoria, this property is set in a fishing haven surrounded by unspoiled estuaries and river systems of the Mallacoota Inlet system. This exclusive accommodation freehold business is housed within a beautifully architecturally designed building, constructed with no expense spared, and set amidst manicured tropical gardens. It is ready for immediate occupation, offering an ideal opportunity for those seeking a coastal sea change, suitable not only for couples or families but also for those desiring a balanced work and lifestyle environment with numerous options for further business development.
Established in 2005 and owned by a single proprietor, this four-star property offers extensive features including nine rooms, one office, six bathrooms (three equipped with spas and one with a bath), and six kitchens finished with quality materials such as stone benchtops. The accommodation comprises self-contained rooms with various options including:
- Apartment with spa and sunroom
- Deluxe queen studio
- Water view king bedroom apartment
- Deluxe studio apartment
The Wave Oasis presents a unique opportunity to acquire an established business with all foundational work completed. Additional property features include:
- Starlink internet connectivity
- 100% off-grid power supply
- Rapid electric car charging point
- On-site production of fresh honey, eggs, a vegetable garden, and a citrus orchard available for guest consumption
- An expansive main kitchen adaptable for use as a restaurant or bed and breakfast, among other possibilities
- Contactless guest processing for streamlined booking and arrivals/departures
- Exceptional views over the Mallacoota area and sunrises over the ocean
- Guest parking facilities
The property is conveniently located approximately halfway between Sydney and Melbourne, and about 350 kilometers from Canberra. The nearby local airport at Merimbula is a short drive away, enhancing accessibility.
This property/business offers numerous benefits and possibilities. Interested parties are encouraged to contact an agent for further information and to arrange an inspection.
Local Market Insights
In Mallacoota, Quiet Listings observed 2 new houses entering the market over the last 30 days, with an average advertised asking price of $690,000. All new listings observed during this period were Houses. Mallacoota Real Estate is the only agency with property listings monitored during the period. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mallacoota VIC 3892