FOR SALE
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1 Mairburn Road
Metung VIC 3904

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 150m2
Land area: 743m2
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Lifestyle Plus Income - Discover Metung Holiday Villas

Welcome to this stunning four bedroom residential property, located in an ideal holiday destination, Metung Holiday Villas. This enchanting home not only offers luxurious comfort and modern amenities but also comes with an exciting holiday accommodation business.
Nestled in the heart of a picturesque vacation spot Metung, this property is perfect for those seeking an unforgettable unique lifestyle opportunity to live and work on your very own piece of Heaven on Earth.
Easy to maintain, easy to run and easy to live in peace and serenity. This is a once in a life time opportunity to own your own holiday park and run your own business.
ABOUT THE BUSINESS
* Metung Holiday Villas is a well-established, popular tourism and hospitality business with solid growth potential, currently delivering healthy net profits
* Freehold which includes the main four bedroom residence.
* Management rights of 45 villas, generating a good income.
* Dedicated laundry room with plenty of storage
* Guest heated swimming pool with BBQ area
* Children's playground
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Property Details for 1 Mairburn Rd, Metung

1 Mairburn Rd, Metung is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 743m2 and floor size of 150m2. The place is currently for sale with REMAX Genesis.

Building Type
House
Floor Size
150m2
Land Size
743m2

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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of total area. The population of Metung in 2011 was 1,221 people. By 2016 the population was 1,449 showing a population growth of 18.7% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a professional occupation. In 2011, 77.8% of the homes in Metung were owner-occupied compared with 79.4% in 2016.

Metung has 2,175 properties. Over the last 5 years, Houses in Metung have seen a 66.98% increase in median value, while Units have seen a 57.03% increase. As at 31 July 2024:

  • The median value for Houses in Metung is $714,048 while the median value for Units is $396,540.
  • Houses have a median rent of $483 while Units have a median rent of $290.
There are currently 106 properties listed for sale, and 2 properties listed for rent in Metung on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Metung.

Suburb Insights for Metung 3904

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Daniel Schoeman
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REMAX Genesis
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.