Set on a peaceful side street in central Woodend, The Dickins comprises five well-appointed units and a spacious three-bedroom cottage/home ideal for owner-occupiers looking to live onsite or nearby while reaping the rewards of a proven income stream. Whether you're planning your retirement, making a lifestyle change, or stepping onto the property ladder, this is a turnkey business that pays you to live in one of Victoria's most picturesque regions.
Welcome to The Dickins an exceptional opportunity to live onsite and earn a strong residual income in the heart of the stunning Macedon Ranges. Located just 400m from the Woodend train station and bus exchange, and moments from the freeway to Melbourne, this thriving short-stay accommodation business is perfectly positioned for both lifestyle and profitability.
Enjoy the convenience of being within walking distance to cafes, shops, pubs, and a brand-new Coles supermarket. Explore nearby attractions such as Hanging Rock, Mt Macedon gardens, scenic walking and biking trails, wineries, and family-friendly playgrounds.
Financial Snapshot:
FY24 Turnover: $183,000 | Profit: $92,000
FY23 Turnover: $226,000 | Profit: $117,000
Average occupancy just 51% in FY23 plenty of room for growth with an engaged operator
With strong foundations, lifestyle flexibility, and significant income upside, The Dickins offers the rare chance to combine home and business in one beautiful, profitable package.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
