Contact Agent For Address, Metung, VIC 3904 | Commercial for sale | OnTheHouse
 
FOR SALE
$860,000

Contact Agent For Address
Metung VIC 3904

Bedrooms: -
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Floor area: 1m2
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Urgent Sale – Exceptional Value, Price Reduced - ID 9097

Victoria Management Rights for Sale
Seize the Opportunity to Thrive in Picturesque Paradise
Unlock a golden opportunity to own a premier management rights business in the heart of Metung, Victoria. This picturesque paradise boasts 10 motel rooms, 4 self-contained apartments with private courtyards and spas, and a spacious two-bedroom manager's residence—all designed for open-plan living.
Prime lakeside positioning near Lake King and Bancroft Bay makes this 4-Star AAA rated accommodation business an irresistible venture. Gippsland Lakes, Australia's largest inland waterway, sets the breathtaking backdrop for your thriving investment.
Key Features:
- 10 motel rooms
- 4 self-contained apartments
- Private courtyards with spas
- Two-bedroom Manager's residence
- Lakeside location near Lake King and Bancroft Bay
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Property Details for Contact Agent For Address, Metung

Building Type
Commercial
Floor Size
1m2
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About Metung 3904

The size of Metung is approximately 27.7 square kilometres. It has 7 parks covering nearly 1.7% of 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 2,169 properties. Over the last 5 years, Houses in Metung have seen a 43.00% increase in median value, while Units have seen a 54.83% increase. As at 31 October 2025:

  • The median value for Houses in Metung is $690,360 while the median value for Units is $399,288.
  • Houses have a median rent of $535 while Units have a median rent of $290.
There are currently 120 properties listed for sale, and 7 properties listed for rent in Metung on OnTheHouse. According to Cotality's data, 86 properties were sold in the past 12 months in Metung.

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Michael Philpott
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Management Rights Sales Pty Ltd
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