Property Details: • Type: House

• Bedrooms: 8 • Bathrooms: 4

Description: Akora Flats offers a unique opportunity to acquire an established holiday accommodation business and freehold (Potential Subdivision STCA) property in the popular Gippsland Lakes destination of Metung in Victoria. Akora Flats is one of the longest-trading holiday accommodation businesses in Metung, operating successfully for more than 30 years. Positioned in a central village location, the property comprises four fully self-contained two-bedroom units, providing comfortable accommodation for couples, families and boating visitors. Operating successfully for many years, the property benefits from consistent holiday demand and repeat visitors, making it an attractive opportunity for investors seeking a tourism-based income stream. The property is being sold fully furnished, and the current owners will transfer future bookings and operational systems, allowing a new owner to continue trading with minimal interruption. Investment Highlights • Four self-contained two-bedroom holiday units • Established and proven holiday accommodation business • Sold fully furnished with operational handover available • 8 minutes walking distance to Metung Village and waterfront • Close to Lake King, Bancroft Bay and boating facilities • Off-street parking plus boat parking available • Flexible accommodation appealing to couples and families • Strong tourism demand within the Gippsland Lakes region Development Potential In addition to the existing accommodation business, the property also presents subdivision potential (STCA). Preliminary investigations indicate that subdivision is achievable through the standard planning process with East Gippsland Shire Council. This creates a potential pathway for buyers to continue operating the Akora holiday accommodation business while progressing a subdivision in the background, including the future separation of services and titles, subject to the appropriate approvals through East Gippsland Shire Council and STCA. Location Metung is one of East Gippsland's most desirable waterfront communities, attracting visitors for boating, fishing, dining and the relaxed coastal lifestyle. With convenient access to Lakes Entrance and Bairnsdale, the region continues to attract strong tourism, supporting ongoing demand for quality holiday accommodation. Akora Flats presents an opportunity to secure a well-positioned accommodation asset with both lifestyle and income potential in a tightly held coastal market. Call selling agent Daniel Schoeman on 0417 824 769 for more information or to arrange a private inspection. Due Diligence Checklist: What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only, and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).