43-45 Back Beach RoadSan Remo VIC 3925
Property Details for 43-45 Back Beach Rd, San Remo
Last Listing description (March 2016)
For sale as a leasehold business (new lease direct from owner). The Pelicans Motel is located approximately approx. 250 metres from the beach and main street of San Remo a small coastal town around 122 km south of Melbourne. As the gateway to Phillip Island, San Remo enjoys a high volume of tourist traffic particularly in summer months.
The motel features 14 suites (mixture of standard, spa and family suites) and a large operator s residence adjoining the reception area to the front of the property. Additional features include a large lockup garage, in ground swimming pool, kids play area and ample room to further expand the motel (STCA).
The property is situated on a large block of approx. 2,725 m2 (zoned general residential). Opportunity exists to significantly increase business income by updating motel suites and utilising online bookings websites.
Property History for 43-45 Back Beach Rd, San Remo, VIC 3925
- 06 Jul 2016Sold for $1,350,000
- 23 Jul 2015Listed for Sale Not Disclosed
- 08 Dec 2014Sold for $760,000
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About San Remo 3925
The size of San Remo is approximately 15.3 square kilometres. There are 2 parks, covering nearly 0.5% of the total area. The population of San Remo in 2016 was 1254 people. By 2021 the population was 1700 showing a population growth of 35.6% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation.In 2021, 73.70% of the homes in San Remo were owner-occupied compared with 68.70% in 2016.
San Remo has 2,168 properties. Over the last 5 years, Houses in San Remo have seen a 2.83% increase in median value, while Units have seen a -5.88% decrease. As at 30 April 2026:
- The median value for Houses in San Remo is $796,721 while the median value for Units is $447,664.
- Houses have a median rent of $600 while Units have a median rent of $370.
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