200 Wattle Point RoadForge Creek VIC 3875
Property Details for 200 Wattle Point Rd, Forge Creek
Last Listing description (October 2023)
WATERFRONT RETREAT AT WATTLE POINT is ideally located on the shores of the magnificent Gippsland Lakes in East Gippsland, Victoria, only 3 hours east of Melbourne.
Nestled in beautiful bush surrounds abundant with bird and wildlife, are 19 freehold Lodges under management rights, a convention centre with excellent commercial kitchen, undercover pool and spa, tennis court, reception office, 4 bedroom house and jetty at front door.
If you are looking for a change from the bustling city life, this is a sea change tree change in one. Take charge of your lifestyle, own and operate your business at the same time. Now is the time to service tourism in Australia which is set to rebound after lockdown but not yet allowed international travel.
Income is earned from the rights to manage holiday lets and servicing of the 19 Lodges, caretaking the common ground, hosting events and catering from the convention centre. The Lodges have an ongoing clientele from holiday lets and group bookings. The Convention Centre has ongoing bookings from groups and is sort after for weddings and special occasions. Some groups book the Convention Centre and Lodges for overnight stays, a great combination.
You own the management rights to 19 Lodges and the freehold titles to the Convention Centre, office and residence.
Property History for 200 Wattle Point Rd, Forge Creek, VIC 3875
- 22 Oct 2020Listed for Sale $1,750,000
- 20 Feb 2017Listed for Sale $340,000- $375,000
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About Forge Creek 3875
The size of Forge Creek is approximately 90.8 square kilometres. It has 2 parks. The population of Forge Creek in 2011 was 412 people. By 2016 the population was 265 showing a population decline of 35.7% in the area during that time. The predominant age group in Forge Creek is 10-19 years. Households in Forge Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forge Creek work in a managers occupation. In 2011, 87.4% of the homes in Forge Creek were owner-occupied compared with 78.5% in 2016..
Forge Creek has 209 properties. Over the last 5 years, Houses in Forge Creek have seen a 18.59% increase in median value, while Units have seen a 68.70% increase. As at 31 October 2024:
- The median value for Houses in Forge Creek is $847,674 while the median value for Units is $338,116.
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