FOR SALE
$3.6M

109 Lyall Street
Ventnor VIC 3922

Bedrooms: 6
Bathrooms: 6
Car spaces: 12
Land area: 4001m2
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BOUTIQUE RESORT HOTEL OR LUXURIOUS FAMILY ESCAPE

Nick Tang Property
Bringing Your Property Dreams To Life
www.nicktangproperty.com.au
The house was custom built as a boutique resort and the only place like it on Phillip Island. The resort could sleep over 24 people perfect for bridal parties, corporate lunches and events!
MOTO GP and public holidays income in the last financial year was over 300K. This is the investment of a lifetime!
Also even more outstanding is the recent endorsed plans by Bass Shire to allow or a top story with another 6 bedrooms and ensuites and huge living area with sea views across Westernport Bay that projected figures would bring the annual revenue to over 1 million if rented out all the time with the Penguin Parade, MOTO GP track and Cowes only a few minute drive away.
Delivering an unwavering lifestyle of distinction and prestige, the resort style residence promotes luxury with potential for purchasers to build a business and utilize the home as a boutique hotel with planning approval for six further bedrooms boasting private ensuites, an additional living room plus a balcony that's set to capture breathtaking Westernport Bay views.
In its current format, the home encourages you to pack your bags and get ready to live the holiday lifestyle with this superb design displaying six robed bedrooms, including five with their very own ensuites, supplemented by a 6th bathroom with toilet and separate 7th toilet.
Forming the social hub of the home, the open plan living, dining and kitchen is characterized by its premium appointments and sleek floorboards, spilling onto a sumptuous alfresco deck for outdoor lounging and dining.
At the rear of the home paradise awaits with a second living room, expansive entertaining deck overlooking the landscaped gardens, inground pool, spa, long booce court and tennis court, further complemented by a sauna and firepit area.
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Property Details for 109 Lyall St, Ventnor

109 Lyall St, Ventnor is a 6 bedroom, 6 bathroom House with 12 parking spaces. The property has a land size of 4001m2. The place is currently for sale with Nick Tang Property.

Building Type
House
Land Size
4001m2

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About Ventnor 3922

The size of Ventnor is approximately 38.4 square kilometres. It has 10 parks covering nearly 5.8% of total area. The population of Ventnor in 2011 was 836 people. By 2016 the population was 862 showing a population growth of 3.1% in the area during that time. The predominant age group in Ventnor is 60-69 years. Households in Ventnor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ventnor work in a managers occupation. In 2011, 76.4% of the homes in Ventnor were owner-occupied compared with 77.8% in 2016.

Ventnor has 1,297 properties. Over the last 5 years, Houses in Ventnor have seen a 44.90% increase in median value, while Units have seen a 65.30% increase. As at 31 August 2024:

  • The median value for Houses in Ventnor is $808,946 while the median value for Units is $676,218.
  • Houses have a median rent of $440.
There are currently 10 properties listed for sale, and 1 property listed for rent in Ventnor on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Ventnor.

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