OFF MARKET

776 Arthurs Seat Road
Arthurs Seat VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 777m2
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Property Details for 776 Arthurs Seat Rd, Arthurs Seat

Building Type
Commercial
Land Size
777m2
Local Government
Mornington Peninsula
Lot/Plan
8/LP19123

Last Listing description (May 2020)

Inspect as advertised or easily by appointment. Call or text Elke anytime on 0423 211 315 *click on video link below*

PROPERTY DETAILS:

FREEHOLD & BUSINESS located one hour from Melbourne in one of Victoria's well visited tourist, gourmet food and wine region sits this successful, luxuriously appointed accommodation business in a stunning setting at the peak of Arthurs Seat, next to the chairlift, cherishing the views over Port Phillip Bay to the Melbourne City Skyline with the shipping channel in the centre of the view.


BUSINESS DETAILS:
5 luxurious guest suites, easy to operate with steady income stream & consistent year-round trade. It can be a Lifestyle for the new owners, currently run offsite. Commercial kitchen and guest lounge / wine bar & restaurant area opens up further opportunities.
Includes website, forward bookings + business & domain name, agency listings and marketing material. Online booking system, third party booking sites, established social media presence. Significant upside potential. Current On-Premises Liquor License. Custom built 12 years ago and operating since then with good turnover and growth opportunities. Excellent repeat business and growing interstate & overseas market.

TERMS OF SALE:
To be sold as a going concern. Deposit of 10% with balance on settlement. All assistance given to new owners to continue the business. S32 and Financials available on request. Inspection by appointment.

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Property History for 776 Arthurs Seat Rd, Arthurs Seat, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$2,100,000
18 Jan 2021
  • 18 Jan 2021
    Sold for $2,100,000
  • 08 Jun 2018
    Listed for Sale Contact Agent
  • 01 Apr 2015
    Listed for Sale Contact Agent
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About Arthurs Seat 3936

The size of Arthurs Seat is approximately 8.8 square kilometres. It has 3 parks covering nearly 28.4% of total area. The population of Arthurs Seat in 2011 was 374 people. By 2016 the population was 400 showing a population growth of 7.0% in the area during that time. The predominant age group in Arthurs Seat is 50-59 years. Households in Arthurs Seat are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arthurs Seat work in a professional occupation. In 2011, 85.1% of the homes in Arthurs Seat were owner-occupied compared with 88.2% in 2016.

Arthurs Seat has 296 properties. Over the last 5 years, Houses in Arthurs Seat have seen a 55.97% increase in median value. As at 31 October 2024:

  • The median value for Houses in Arthurs Seat is $1,475,351.
  • Houses have a median rent of $445.
There are currently 5 properties listed for sale, and no properties listed for rent in Arthurs seat on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Arthurs seat.

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