37 Sydenham ParadeBemm River VIC 3889
Property Details for 37 Sydenham Pde, Bemm River
Last Listing description (January 2020)
Here is a very unique opportunity to own your very own holiday destination, yet not be responsible for the daily, weekly, monthly, or yearly upkeep! Benefit from the fantastic returns this property delivers annually and enjoy your allocated time at the property to relax, go boating and fishing, and/or just generally take a break hassle free.
How is this possible you ask? Well the benefit of this holiday house is that it is fully managed, with huge repeat clientele, and turns over a gross annual figure of between $32k to $36k, yet in the management agreement it provides the owner exclusive use for up to five weeks a year. More than enough time to get away from the busy schedule of work and daily duties.
The home is located in Bemm River, being Lot 5 / 37 Sydenham Parade, and is situated on approximately 473 square meters of freehold land, and offers four bedrooms, a bathroom, open plan kitchen, dining and living. It will be sold fully furnished with its current furniture, including two double beds, seven single beds, cutlery and tv. There is a large split system reverse cycle is in the open plan living area providing adequate heating and or cooling, and new floor coverings and window dressings have recently been installed. Solar panels have been fitted within the past 2 years reducing the outgoing electrical costs.
Bemm River is one of East Gippslands premier fishing destinations and is a favourite with anglers, bird watchers, bushwalkers and eco tourists who appreciate its natural beauty and prevalent wildlife. Bemm River is located approximately 450 kilometres East of Melbourne along the Princess Highway that passes through the nearest regional centre, being Bairnsdale, that is approximately 150 kilometres prior to the destination. The country town of Orbost is approximately 50 Kilometres west of Bemm River, and Cann River is approximately 20 kilometres further East. Bemm River is not only a beautiful holiday destination, but is a peaceful and tranquil place to reside.
No more turning up to your holiday destination and being a slave to the repairs and maintenance, or the general upkeep that ultimately ruins your break, or as you drive away thinking, is it all worth it?! Well this one is definitely worth it, because not only do you get to enjoy your stay, but you have no physical responsibility during your time there. Yet one would have the rewards of a healthy break, and a healthy return on investment. It's a win win situation.
Inspections are strictly for qualified buyers only and the figures and the vendor statement are available.
So, if this sounds like your new investment retreat, then call Michael Enever on 0458272797.
Property History for 37 Sydenham Pde, Bemm River, VIC 3889
- 15 Nov 2018Listed for Sale $245,000
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0About Bemm River 3889
The size of Bemm River is approximately 271.9 square kilometres. It has 4 parks covering nearly 97.1% of total area. The population of Bemm River in 2011 was 288 people. By 2016 the population was 58 showing a population decline of 79.9% in the area during that time. The predominant age group in Bemm River is 70-79 years. Households in Bemm River are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Bemm River work in a trades occupation. In 2011, 82.3% of the homes in Bemm River were owner-occupied compared with 60% in 2016..
Bemm River has 146 properties. Over the last 5 years, Houses in Bemm River have seen a 45.78% increase in median value. As at 31 October 2024:
- The median value for Houses in Bemm River is $353,198 while the median value for Units is $308,141.
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