24-28 Hovell st, Avenel VIC 3664
Sold for $1,450,000
BED&BREAKFAST Facility , HOLIDAY rental Cottage, Caravan Power sites , EXCELLANT REPUTATION AND GREAT OPPORTUNITY FOR OWNER OCCUPIER
In Australia, farm business make no money from their working capital and rely on land appreciation. This investment opportunity carry both features , land and working capital producing returns.
A rare opportunity to acquire a approximately 4 acre historical restore freehold business. It is located along Hume Freeway just under 1.5 hour drive from Melbourne, in historical country town of Avenel. Home to many horse studs and in the heart of the Goulburn Valley wine region. Avenel well serve by freeway access by the Hume FWY and Goulburn valley Highway.
Avenel, is home of Kelly family. Neds father Red farm on this property. Avenel is inland route from Melbourne to Sydney. Many Historic feature still exist in the town. Manglore Airport is just 4 km away and is base for kestrel helicopters (fire fighters).
Key features
• This property sits on flat ground, wonderful residential, business and future development portfolio.
• Comprised of 3 residential and 2 holiday rental properties
-3 bedroom house (rented) 5+5
-5 Bedroom House Unfinished.
-Garage Workshop has 3 bedroom home upstairs (near finish)
-The barn cottage , Two Bedroom, tourist rental
-Finally Brewery Lane B&B stay with 16 en suite bedrooms with communal facilities for group hire.
• swimming pool nestled amid 16 power/camp sites.
• variety of tourist related uses and future prospects to built on existing.
• Development and subdivision opportunity as currently within the township zone (TZ)
• It has potential of earning approximately $150k to $200k as it sits and can be built upon.
• Just 2 mins drive from Railway station and town centre shops.
Property ID: 1171856