OFF MARKET

36 Vista Drive
Mallacoota VIC 3892

Bedrooms: 9
Bathrooms: 6
Car spaces: 9
Land area: 1078m2
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Last updated 14 Oct 2024
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Property Details for 36 Vista Dr, Mallacoota

36 Vista Dr, Mallacoota is a 9 bedroom, 6 bathroom Unit with 9 parking spaces. The property has a land size of 1078m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Land Size
1078m2
Local Government
East Gippsland
Lot/Plan
1/LP209086

Last Listing description (September 2024)

(Freehold Vacant Possession WIWO)

Located in the pristine coastal town of Mallacoota in East Gippsland Victoria, a fishing haven surrounded by unspoiled estuaries and river systems of the Mallacoota Inlet system. This exclusive accommodation freehold business set within a beautiful architecturally designed, no cost spared building, set in manicured tropical gardens it is ready for you to walk in and start living your dream. Perfect for those looking for a coastal sea change not just restricted to couples of families. Providing a good work/life balance and with unlimited options to further develop the business and its offerings.

The Four-Star property was established in 2005 with just one owner and has so much to offer. Featuring 9 rooms, one office, six bathrooms (3 with spa, one with a bath) six kitchens of quality finishes including stone benchtops. The accommodation on offer are self-contained rooms with options of:

Apartment with spa and sun room
Deluxe queen studio
Water view king bedroom apartment
Deluxe studio apartment

The Wave Oasis offers a great opportunity to purchase an already existing business with all the hard work done for you. Some additional features of the property are:
Star link internet
100% off grid power
Rapid electric car charging point
On property produced fresh honey, eggs, vegetable garden and citrus orchard for guest consumption
Expansive main kitchen which can be adapted as a restaurant or bed and breakfast to list a couple of the multiple options.
Contactless guest process for ease of booking and arrival/departures
Exceptional views over the Mallacoota area and sunrises over ocean
Guest parking

Located approx. halfway between Sydney and Melbourne and approx. 350km from Canberra. A local airport at Merimbula, which is just a short drive from Mallacoota.

There are too many benefits to list for this property/business, so please get in touch with an agent to request further information and to arrange an inspection.

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Property History for 36 Vista Dr, Mallacoota, VIC 3892

A timeline of how this property has performed in the market
Last Sold
$332,500
09 Jul 2021
  • 17 Sep 2024
    Listed for Sale Expressions of Interest
  • 09 Jul 2021
    Sold for $332,500
  • 08 Oct 2019
    Listed for Sale Offers Above $995,000
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About Mallacoota 3892

The size of Mallacoota is approximately 242.5 square kilometres. It has 13 parks covering nearly 106.2% of total area. The population of Mallacoota in 2011 was 1,031 people. By 2016 the population was 1,063 showing a population growth of 3.1% in the area during that time. The predominant age group in Mallacoota is 60-69 years. Households in Mallacoota are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mallacoota work in a trades occupation. In 2011, 77.5% of the homes in Mallacoota were owner-occupied compared with 79% in 2016.

Mallacoota has 1,268 properties. Over the last 5 years, Houses in Mallacoota have seen a 54.55% increase in median value, while Units have seen a 86.50% increase. As at 30 September 2024:

  • The median value for Houses in Mallacoota is $492,725 while the median value for Units is $397,058.
  • Houses have a median rent of $2,275 while Units have a median rent of $1,675.
There are currently 38 properties listed for sale, and 7 properties listed for rent in Mallacoota on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Mallacoota.

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