10 Erskine Street

Lorne VIC 3232

Set on the largest privately owned residential land holding in central Lorne, the Great Ocean Road Cottages freehold and business is being sold after 27 years of successful operation. With 10 cottages, catering for a variety of group configurations, plus an office/residence set on approximately 9000sqm (2.25 acres app), the infrastructure is significant and the location, being walking distance to all the sort after amenities of Lorne, is excellent. The cottages, many with picturesque ocean views have been well maintained and forward bookings are in place. The lush garden setting of the property provides instant appeal from entering and the majestic mature eucalypts are a Lorne trademark. Any new buyer would be purchasing a cashflow business with the obvious potential of future development on the site subject to council approval. The size of the land, the beautiful outlook and the close proximity to the commercial precinct provide essential ingredients to the future success of the property, whether it's in its current or an alternate future format. Being sold on a walk in walk out basis and as a going concern, everything is in place for a smooth transition of ownership. It is an ideal opportunity for those who are considering a move to the coast looking for a lifestyle business, a buyer looking at potential development opportunities with cashflow to support the purchase or even a school/social or welfare group looking for a residential village or respite property. Inspection strictly by appointment.