Rare investment opportunity opposite McCrae foreshore

Commanding a prized location across from one of the Mornington Peninsula’s best beaches, this is a rare opportunity to secure 4 stylish, strata-title units just steps to McCrae Plaza, the Yacht Club, iconic lighthouse and renowned restaurants and cafes. Currently operating as successful holiday and short-term rental accommodation, this a lucrative proposition for the astute investor with the properties returning about 4% or $75k (approx.) from 1/7/20 to 31/3/21 (period of which included covid lockdown).

Set amongst landscaped gardens in a boutique complex, each unit is immaculately presented and comes fully furnished with linen, cutlery, crockery and appliances all included. Showcasing contemporary flair with stunning timber floors and quality finishes throughout, the open-plan design comprises a light-filled living/dining area with a gas log fire and a well-appointed kitchen with a stainless-steel gas cooktop, electric oven and integrated dishwasher. Front and rear decks set the scene for outdoor entertaining and enjoying the sea breeze, with other features including 2 generous bedrooms with built-in robes, a fully-tiled bathroom with a shower/bath and European laundry plus split-system heating/cooling and off-street parking.

With picturesque foreshore trails and bus stops on your doorstep, this property is perfectly positioned for the holiday market with Arthurs Seat State Park and award-winning wineries, golf courses and hot springs all within a short drive. Just over an hour from Melbourne with easy access to Peninsula Link, this is a remarkable opportunity to secure a solid investment and reap the rewards.