FOR SALE
$3,000,000 - $3,200,000

153 - 155 Newcombe Street
Portarlington VIC 3223

Bedrooms: -
Bathrooms: -
Car spaces: 18
Floor area: 2042m2
Land area: 2042m2
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Portarlington Beachside Motel for Sale: A Lucrative Investment Opportunity! in " Australia's mussel capital"

Discover the perfect blend of relaxation and profitability with this charming beachside motel, now available for the first time directly from the vendor. This well-presented property boasts 17 inviting rooms, each designed for comfort and convenience, and comes with separate parking for guests.
Key Features:
• Unbeatable Location: Situated in a sought-after beachside area, the motel draws tourists and locals alike, ensuring high occupancy rates year-round.
• Dual Income Potential: Benefit from two revenue streams-renting out the motel rooms and operating small travel buses for winery tours and weddings, catering to both local and visiting clientele.
• Eco-Friendly Investment: Equipped with solar power, reducing energy costs and enhancing sustainability, making it an attractive option for eco-conscious travelers.
• Meticulously Maintained: This well-presented motel is ready for a seamless transition, with all necessary amenities for immediate operation.
• Strong Market Demand: Portarlington's growing popularity as a tourist destination ensures a continuous flow of guests, enhancing your investment potential.
• Strong Market Appeal: With its unique offerings and prime location, this property stands out in a competitive market, promising consistent occupancy rates.
• Refreshing Swimming Pool: Guests can relax and soak up the sun in an inviting pool area.
• Convenient Amenities: Features a common laundry and kitchen, and separate parking for each room enhancing the guest experience.
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Property Details for 153 - 155 Newcombe St, Portarlington

Building Type
Commercial
Floor Size
2042m2
Land Size
2042m2

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About Portarlington 3223

The size of Portarlington is approximately 24.8 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Portarlington in 2011 was 3,581 people. By 2016 the population was 3,618 showing a population growth of 1.0% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation. In 2011, 72.8% of the homes in Portarlington were owner-occupied compared with 69.6% in 2016.

Portarlington has 4,137 properties. Over the last 5 years, Houses in Portarlington have seen a 44.84% increase in median value, while Units have seen a 26.70% increase. As at 30 September 2024:

  • The median value for Houses in Portarlington is $869,129 while the median value for Units is $642,576.
  • Houses have a median rent of $480 while Units have a median rent of $460.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Portarlington.

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Sunny Hurne
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Nitin Kumar
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Raine & Horne Land Victoria
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