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Here is a rare opportunity for "Tree Changers" - tired of the city life, to purchase a successful lifestyle business in the scenic and rapidly growing tourist village of Loch, South Gippsland.
The Old Hospital is a popular accommodation / craft retreat and is being offered for sale on a WIWO basis, consisting of the beautifully renovated building, along with the successful established business. All weekends are fully booked, a year in advance, and there is further potential to increase the growing mid week bookings.
Currently operating are 10 ensuite bedrooms, able accommodate up to 20 guests with a current permit to utilise another 4 bedrooms. Alternatively, there is the ability to re-convert the manager's residence to expand the accommodation up to a total of 20 bedrooms (STCA).
The building also boasts a multipurpose room, currently being used by craft, yoga / meditation and corporate groups. There is a weatherproof lock up bicycle and golf club storage facility. The property sits amongst beautiful established gardens and has rear lane access.
The Old Hospital has an excellent reputation amongst the craft community. Almost all craft group bookings are permanent, automatically rolling over from year to year. There is further potential to expand the business into the health / lifestyle industry, gourmet cooking getaways and the corporate retreat market.
Loch's soon to be completed rail trail extension will connect all the way to Port Welshpool - The Old Hospital is perfectly positioned to accommodate weary cycling groups.
Golfing groups can enjoy quality golf courses nearby such as Lang Lang and Leongatha Golf Clubs.
Currently run by a husband and wife team, the owners spend just twelve contact hours per week on administration, maintenance and cleaning. A comfortable 3 bedroom, self contained manager's residence is in a private wing of the building, separating the guest house from the home. The current owners enjoy a semi retirement lifestyle in beautiful Loch, whilst generating a comfortable income for themselves.
Loch Village is fast becoming a gourmet "go to" destination and being located just 90 minutes drive from Melbourne CBD, it attracts growing visitor numbers.
This is a unique opportunity to purchase a successful established business and residence, while enjoying everything South Gippsland has to offer!
Inspection is strictly by appointment only at set days and times during weekdays only by contacting Jean O'Loughlin on 0428 571 083 or Don Olden on 0417 805 312.
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