SOLD
Sold on 30 Oct 2023 for $3,100,000

200 Grantville-Glen Alvie Road
Grantville VIC 3984

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 303525m2
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Property Details for 200 Grantville-Glen Alvie Rd, Grantville

Building Type
Rural
Land Size
303525m2
Local Government
Bass Coast
Lot/Plan
2/LP140833

Last Listing description (October 2023)

For Sale as Freehold Going Concern - Expression of Interest Invited

Xcllusive Business Sales and Australian Business Sales are pleased to offer to the market this unique property at 200 Grantville-Glen Alvie Road, Grantville, VIC 3984

The property is owned by the Uniting Church and operates as a group accommodation offering with extensive buildings and facilities to accommodate 154 guests. The freehold land together will all associated business assets, buildings and improvements are offered for sale via an Expression of Interest.

Highlights :

- Unique site that offers both multiple commercial and lifestyle options subject to council and planning approvals.

- Extensive buildings that offers multiple styles of accommodation

- Buildings include guest accommodation, 2x commercial kitchens, 2x dining halls, lounge/activity rooms, onsite manager and staff accommodation.

- Multiple income opportunities from school camps, social/interest/sports group accommodation, conferences, weddings, and the functions market.

- Close to major tourist locations for off-site attractions and activities, including Phillip Island and Gippsland food and wine trail.

- Large site with huge expansion potential.

- 3 on site staff accommodation facilities/houses.

- Close to Westernport Bay for water-based activities.

- All rooms en-suited and reverse cycle air-conditioned

- Significant upside potential to increase occupancy and revenue.

- Vacant procession for a new owner to put their stamp on these prime assets and drive business growth.

The Uniting Church in Australia has decided that operation and management of campsites is not integral to the church's purpose and mission.

The business and freehold is being offered as Freehold Going Concern and is for sale via Expression of Interest

All offers must be submitted to the Agent by 3 pm, Tuesday 22nd August 2023.

The sale is for the Freehold property including the business as a going concern. Interested parties will need to sign a Confidentiality Agreement before further details and inspection can be arranged.

All site visits and inspections must be pre-arranged with the Agent.

The Agent and the Vendor may vary the dates and withdraw any or all the sites from the sale process before a binding agreement is entered into.

Video links:

Grantville https://www.youtube.com/watch?v=uYrpJPy-I1g

Property Code: 3504

Property History for 200 Grantville-Glen Alvie Rd, Grantville, VIC 3984

A timeline of how this property has performed in the market
Last Sold
$3,100,000
30 Oct 2023
Listed for Rent
$350/w
25 Aug 2022
  • 30 Oct 2023
    Sold for $3,100,000
  • 01 Aug 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 18 Aug 2022
    Listed for Rent - Price not available
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About Grantville 3984

The size of Grantville is approximately 15.4 square kilometres. It has 1 park. The population of Grantville in 2011 was 738 people. By 2016 the population was 829 showing a population growth of 12.3% in the area during that time. The predominant age group in Grantville is 60-69 years. Households in Grantville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grantville work in a managers occupation. In 2011, 71.8% of the homes in Grantville were owner-occupied compared with 72.7% in 2016.

Grantville has 846 properties.

    There are currently 17 properties listed for sale, and no properties listed for rent in Grantville on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Grantville.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.