51 Stirling Road, Metung, VIC 3904 | House for sale | OnTheHouse
 
FOR SALE
$975,000

51 Stirling Road
Metung VIC 3904

Bedrooms: 8
Bathrooms: 4
Car spaces: 8
Land area: 897m2
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Akora Flats Metung - Proven Holiday Rental Business with Four Self-Contained Units

Akora Flats offers a unique opportunity to acquire an established holiday accommodation business and freehold (Potential Subdivision STCA) property in the popular Gippsland Lakes destination of Metung in Victoria.
Akora Flats is one of the longest-trading holiday accommodation businesses in Metung, operating successfully for more than 30 years.
Positioned in a central village location, the property comprises four fully self-contained two-bedroom units, providing comfortable accommodation for couples, families and boating visitors. Operating successfully for many years, the property benefits from consistent holiday demand and repeat visitors, making it an attractive opportunity for investors seeking a tourism-based income stream.
The property is being sold fully furnished, and the current owners will transfer future bookings and operational systems, allowing a new owner to continue trading with minimal interruption.
Investment Highlights
• Four self-contained two-bedroom holiday units
• Established and proven holiday accommodation business
• Sold fully furnished with operational handover available
• 8 minutes walking distance to Metung Village and waterfront
• Close to Lake King, Bancroft Bay and boating facilities
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Property Details for 51 Stirling Rd, Metung

51 Stirling Rd, Metung is a 8 bedroom, 4 bathroom House with 8 parking spaces. The property has a land size of 897m2. The place is currently for sale with REMAX Genesis.

Building Type
House
Land Size
897m2
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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. There are 7 parks, covering nearly 1.7% of the total area. The population of Metung in 2016 was 1449 people. By 2021 the population was 1899 showing a population growth of 31.1% in the area during that time. The predominant age group in Metung is 60-69 years. Households in Metung are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Metung work in a managers occupation.In 2021, 81.80% of the homes in Metung were owner-occupied compared with 79.40% in 2016.

Metung has 2,166 properties. Over the last 5 years, Houses in Metung have seen a 24.15% increase in median value, while Units have seen a 41.98% increase. As at 31 May 2026:

  • The median value for Houses in Metung is $647,338 while the median value for Units is $422,063.
  • Houses have a median rent of $513 while Units have a median rent of $295.
There are currently 122 properties listed for sale, and 6 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Metung.

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Daniel Schoeman
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REMAX Genesis
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