Rye
VIC
3941
“An Exciting Turn Key Investment Opportunity” Projected Earnings for 21/22 FY Approx $120,000
Sold 17/02/2022 $1,600,000
The Dolphin and The Starfish Cottages are 2 separate and self-contained cottages located just 250m from the Rye bay beach, a flat 800m walk to nearby shops, cafes, supermarket and restaurants. Currently a very successful holiday rental property with history of rental income of approx. $100,000per annum and projected earnings of $120,000 for 21/22 FY. This property represents an outstanding positively geared return to the astute investor looking to grow their portfolio. 2 side-by-side cottages on the premises offering a total of 5 bedrooms, 2 bathrooms, light filled living areas and outdoor entertaining areas, modern kitchen and bathrooms. With the Mornington Peninsula and all that it offers at your doorstep - pristine bay and ocean beaches, world class wineries & golf courses and only a few minutes to the Rye Township.
Offered as a "turn key" proposition for a seamless transition for the successful continuation of this outstanding investment venture - with revenue, forward booking and inventory schedules available upon request. Private Inspection Only due to multiple on-going forward booking is essential.
The Starfish Cottage
Spacious cottage with an open plan living area, comprising of kitchen, living area with TV/DVD, Chromecast, indoor fireplace and dedicated workspace. There are split systems AC (heat/cool) in the living room and 2 out of the 3 bedrooms. Kitchen with dishwasher, microwave, cook top, fridge/freezer, mixer with water filter and oven. It sleeps 6 guests and has 3 bedrooms, two of which have a queen bed each and the third bedroom with 2 singles. The bathroom has a large walk in shower, washer and dryer. The living room has a bi-folding door providing access to the deck and private courtyard. There is also an outdoor hot/cold shower at the back of the cottage handy after a day on the beach. The courtyard is private, fully fenced, has a large deck with BBQ plus a fire pit for those cold evenings. There is onsite parking for at least 4 vehicles, boat, jet ski or kayaks.
The Dolphin Cottage
The home has plenty of space with an open plan living area, comprising of kitchen, living area, indoor fireplace and a ceiling fan. There is also a dedicated workspace area. The kitchen has a cook top, microwave, fridge/freezer, rangehood, mixer with water filter and oven. It sleeps 4 guests and has 2 bedrooms. One bedroom has a queen bed, the other bedroom has a bunk bed with 2 singles and a TV/DVD combo. Both bedrooms have a split system AC/heater. There is a large bathroom comprising of a shower and a freestanding bathtub. The living room has a bi-folding door providing access to the deck and private courtyard. There is also an outdoor hot/cold shower handy after a day on the beach. The large private courtyard (150m2) is fully fenced with private outdoor deck/dining area and BBQ. There is onsite parking for either a car, boat, jet ski or kayaks.
ATTENDANCE IS STRICTLY BY APPOINTMENT ONLY!