You'll think you're away with the fairies and have discovered your own pot of gold when you become the new owner of this delightful holiday accommodation right in the centre of the historic coastal township of Port Fairy in Western Victoria. Formerly known as Belfast and having been voted Victoria's No. 1 Tourist Destination and 'the World's Most Livable Town under 20,000 people', this picturesque seaside fishing village features incredible ocean and river views, award-winning restaurants and a range of accommodation options.
Nestled in a private courtyard behind the main shopping and café precint, this Port Fairy accommodation is a refuge for those seeking romance, relaxation and rejuvenation. The property features three luxury self-contained couples' suites, two with garden courtyards and one with an upstairs balcony. There is also an upstairs two-bedroom apartment with kitchenette and sunny balcony which is currently being used as a guest suite but could also be used for owner (or manager) onsite accommodation. All suites have modern stylish bathrooms, split system air-conditioning and everything you would expect in a luxury B&B.
This property is sold as business and freehold and will provide a reliable income, with or without the owner's direct involvement. Currently attaining high occupancy the business continues to attract travelers and couples alike due to its unique character, convenient location and competitive tariffs. Occupancy is made up of a mixture of overseas and Australian tourists experiencing the delights of the Great Ocean Road and Shipwreck Coast with the vast majority booked online, meaning the new owners can manage the business remotely.
Having recently undergone extensive renovations, and with low cleaning and maintenance costs, the business is guaranteed to produce a high net profit, leaving the new owners the opportunity to live comfortably while exploring the beauty of the region in their spare time.
Famous for its folk, jazz and other numerous festivals Port Fairy is a thriving community with lots of room for further growth.
Your options are numerous live in Port Fairy and make a reliable income or own and manage the business remotely with the help of reliable cleaners. You can also purchase the property as your own exclusive holiday house knowing it will continue to make income as a B&B or holiday accommodation when you are not there.
Experience the magic of the Port Fairy lifestyle. Contact us now to arrange an inspection.
Free training and support provided by the owners and our specialist B&B sales consultant.
Price: $1.75 million combined freehold and business, including all furniture and fittings, website address and forward bookings.
Contact: Alan Maguire, Principal, Maguires Real Estate
