PRIME WATERFRONT INVESTMENT - PRICE REDUCED AS RBA CUTS RATES
Prestigious River Road, Yarrawonga | Four Individual Titles | Now $3,390,000
Better Business Brokers presents a timely investment opportunity following February's RBA rate cut. This exceptional waterfront property has just been reduced by $100,000.00 creating a compelling entry point into one of Yarrawonga's most prestigious addresses.
Combining a modern two-storey residence with three independent two-bedroom units, this property offers multiple income streams backed by Lake Mulwala frontage and private jetty access. With interest rates trending downward and tourism continuing strongly in Yarrawonga, the timing couldn't be better to secure this premium asset.
The contemporary main residence showcases breathtaking lake views from both levels, with three bedrooms and multiple living spaces flowing to expansive outdoor entertaining areas. The upper-level deck provides the perfect vantage point for watching stunning sunsets over the water, while a double garage offers secure parking.
Three immaculately maintained two-bedroom units, each on its own title, complement the main residence. Two units currently generate strong returns as holiday accommodation, while the third provides steady income through a long-term residential lease. This proven mix of holiday and permanent rentals demonstrates the property's investment potential.
Each dwelling enjoys private outdoor entertaining spaces and secure parking, sharing the privilege of direct lake access via a private jetty. Located just 1.5km from Yarrawonga's vibrant town centre, this 1,578m² property combines premium positioning with reliable returns.
Established in 2002, the property operates as a successful lifestyle business with minimal hands-on requirements. Consistent holiday bookings through the VRBO platform, combined with secure permanent rental income, provide multiple revenue streams for the astute investor.
The property's structure, with four separate titles, offers exceptional flexibility. This configuration allows for various future strategies, from maintaining the current successful operation to potentially staging the sale of individual units as market conditions evolve. The individual titles may also provide advantages for lending arrangements - particularly attractive given the current interest rate environment.
With the price now reduced and financing costs decreasing, this unique offering presents a compelling opportunity for:
Investors seeking a premium tourism asset
Extended families looking for compound-style living
Business owners pursuing a lifestyle change
Don't miss this rare chance to secure a premium waterfront holding at an adjusted price point in one of Victoria's most sought-after locations.
For a detailed Information Memorandum or to arrange your private inspection, contact Jenny Chellew at Better Business Brokers.
