Proudly supported by all of the industry's leading brokers
Amazing boutique property on Mallacoota Inlet: Ideal lifestyle, great business | Resort Brokers ID : FH008481
$3M - $3.3M
Hotel hospitality, GIPSY POINT VIC
Looking for an idyllic lifestyle and business youd be proud to call your own?
Gipsy Point Lakeside is a boutique resort of 10 luxury apartments on the Mallacoota Inlet. Visitors have been coming to this gorgeous waterway in East Gippsland for decades to fish, hike and otherwise enjoy this pristine natural environment.
The resort comes with abeautiful two-bedroom owners residence with views of the inlet, which means you can enjoy this incredible location just like your guests.
Perfectly located halfway between Melbourne and Sydney, the resort is only 15 minutes off the Princes Highway, making it the perfect getaway for residents ofAustralias two largest cities and as a stopover between the two.
Gipsy Point Lakeside is situated within Croajingolong National Park, a 540 sq km Biosphere Reserve, as designated by UNESCO in 1977. The resort has no direct competition, and given the environmental protections that apply to the area, is unlikely to have any in the future.
Gipsy Point Lakeside has never traded anywhere near its potential. Over their almost four decades of ownership, the vendor has operated the property as a passion project, opening and closing it to suit their convenience rather than regular tourist seasons.
In the hands of a dedicated owner-operator, Gipsy Point Lakeside could achieve incredible returns. All is in place to make that happen.
Tourism in East Gippsland is booming. In the last recorded year, visitation broke historical records, eclipsing pre-pandemic levels.
This is an incredible opportunity to capitalise on that visitation with a boutique accommodation asset that is both an exceptional business and an incredible place to live.
- Boutique resort on the Mallacoota Inlet in the heart of UNESCO-listed national park in East Gippsland
- 10 one- or two-bedroom luxury apartments with inlet views, fully self-contained
- 1.4-ha site offers development potential to increase the amount of apartments
- Jetty and boat ramp provide direct access to the inlet for fishing and recreation
- Operating since 1985, first time to market in 39 years
- Presently unused 186-person licensedrestaurant, serviced by commercial kitchen, could be ramped up for weddings and events
- 2-bed, 1-bath owner’s residence and workers’ accommodation
- Resort-style facilities include outdoor solar-heated swimming pool, lounge/dining room and resort shop
- Inspections by appointment only
Date updated: 02 May 2025 23:00:01
More Information
- Total Purchase Price: $3M - $3.3M
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?