Residence + 3 B&B Cottages in Wine Region - Rutherglen, VIC
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If it's a true lifestyle business you're after, where making a good income doesn't interfere with a great way of life in a top location, put this one on your list. Especially if you're a bit of a wine buff, as there are 23 wineries close by!
Rutherglen Country Cottages provide charming Bed & Breakfast accommodation in Victoria's famous wine district, meaning a steady flow of business all year round. Located near the Murray River border with New South Wales, the town of Rutherglen has maintained its gorgeous heritage charm and parks.
North of Wangaratta and south of Wodonga, this is the perfect base from which to explore the region's award-winning wineries, gourmet restaurants, picturesque countryside and, of course, the delightful Murray River.
Established in 1996 and now boasting an outstanding reputation for excellent hospitality, award-winning Rutherglen Country Cottages enjoys strong repeat trade - 70-75% - and advance bookings, partly due to the town's many popular annual events and festivals.
Comprising 1, 2 and 3-bedroom cottages situated opposite Lake King, beautiful period furniture and delightful grounds - plus a private laneway to an 18-hole golf course - this is a very tempting investment.
At a glance:
* 4 properties on 2 adjoining titles - heated, air-conditioned and 3 are solar-powered
* Owners' residence with licensed dining and/or breakfast room
* 3 newly renovated cottages - inc. 3-bedroom, 2-bathroom
* Inground pool + large alfresco area with BBQ and bar
As a lifestyle property alone this is a great buy. Throw in a sound income from the long established, award-winning hospitality business, plus the location, and you're onto a winner for sure.