51 Stirling Road
Metung, VIC 3904

Overview

51 Stirling Road Metung VIC 3904

Akora Flats presents a rare opportunity to acquire a well-established holiday accommodation business along with the freehold property in the sought-after Gippsland Lakes region of Metung, Victoria. This property has been successfully operating as a holiday rental business for over 30 years, making it one of the longest-running in the area.

Situated in a central village location, the property consists of four fully self-contained units, each featuring two bedrooms. These units offer comfortable and flexible accommodation options suitable for couples, families, and boating enthusiasts visiting the region. The consistent demand for holiday rentals and a loyal base of repeat visitors contribute to the property's strong income potential, making it an attractive investment for those interested in tourism-related ventures.

The sale includes all furnishings, allowing the new owner to take over the business seamlessly. The current owners will also transfer future bookings and operational systems, ensuring minimal disruption to ongoing operations.

Investment Highlights:

• Four self-contained two-bedroom holiday units
• Established and proven holiday accommodation business
• Fully furnished sale with operational handover available
• Only an 8-minute walk to Metung Village and the waterfront
• Close proximity to Lake King, Bancroft Bay, and boating facilities
• Off-street parking with additional boat parking available
• Accommodation appeals to a broad market including couples and families
• Strong tourism demand within the Gippsland Lakes region

Development Potential:

Beyond the existing accommodation business, the property offers potential for subdivision, subject to council approval (STCA). Preliminary assessments suggest that subdivision could be achieved through the standard planning process with East Gippsland Shire Council. This potential allows buyers to continue operating the holiday business while exploring subdivision opportunities, including the future separation of services and titles, pending the necessary approvals.

Location:

Metung is renowned as one of East Gippsland's most desirable waterfront communities, attracting visitors for boating, fishing, dining, and a relaxed coastal lifestyle. With convenient access to Lakes Entrance and Bairnsdale, the area enjoys strong tourism support, which sustains demand for quality holiday accommodation.

Akora Flats offers a unique chance to secure a well-positioned accommodation asset that combines lifestyle benefits with income potential in a tightly held coastal market.

Prospective buyers should consider the due diligence checklist provided by Consumer Affairs Victoria to understand any restrictions or obligations associated with purchasing residential property in the area.

Location