Back 43 Park Street
Off Market

43 Park Street

Omeo VIC 3898

12
10
3140.69 m²
Block of units
Last sold for $880,000
Thomas DennisThomas Dennis, last sold this property on 21 October 2026 after 103 days on market.

Overview

SOLD BY ALTORA GLOBAL | ANOTHER REGIONAL VICTORIA RESULT

SOLD BY ALTORA GLOBAL Another Victorian property successfully sold. OWN PROPERTY IN OMEO OR REGIONAL VICTORIA? Altora Global is actively expanding throughout regional Victoria and we're looking for our next properties to sell. If you've been considering selling or your property has previously struggled to achieve a result speak with our team about a fresh sales strategy and national buyer exposure. THINKING OF SELLING? Contact Altora Global for a confidential appraisal and sales strategy. YOUR PROPERTY COULD BE OUR NEXT SOLD RESULT. Commercial investments delivering reliable income under $1 million are becoming increasingly difficult to secure. Positioned in the heart of Victoria's spectacular Alpine High Country, this established freehold motel offers investors exactly what today's market is demandingsecure passive income, minimal management and long-term investment security. Unlike many commercial investments, the business is operated entirely by the tenant, allowing the owner to simply enjoy the benefits of owning the freehold while receiving consistent rental income. Set on an elevated site overlooking the charming township of Omeo, the property is strategically positioned at the gateway to Victoria's alpine region, attracting visitors throughout the year for snow sports, mountain biking, hiking, fishing, four-wheel driving and scenic touring. Investment Highlights Secure freehold investment Approximately $70,000 annual rental income Long-term lease already in place Annual rental reviews Tenant responsible for outgoings Genuine low-management investment Established accommodation business Ten guest accommodation rooms Self-contained cottage Separate two-bedroom residence Why This Investment Stands Out Finding quality commercial investments below $1 million that combine freehold ownership, secure income and long-term leases has become increasingly challenging. This property provides exactly that. Whether you're building a commercial portfolio, purchasing through an SMSF or seeking an investment that doesn't require day-to-day management, this asset delivers the type of dependable income many investors struggle to find. A Location Supporting Long-Term Demand Omeo continues to attract visitors in every season. Perfectly positioned between Mount Hotham, Dinner Plain and Victoria's renowned High Country, the region enjoys consistent tourism driven by alpine adventures, cycling, hiking, fishing, four-wheel driving and some of Australia's most spectacular scenery. This strong tourism profile provides an excellent foundation for the ongoing success of the accommodation business while allowing the owner to simply enjoy the benefits of owning the freehold. The owners have provided clear instructions to present all genuine offers and are committed to achieving a sale. Commercial investments combining secure income, freehold ownership and long-term lease security at this price point are becoming increasingly difficult to replace. Request the Information Memorandum today.

Features

12 bedrooms
10 bathrooms
3140.69 m² lot size
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Omeo over the last 12 months.

Property history for 43 Park Street

2026
Sold
$880,000
Private Sale/Treaty on 21 Oct 2026 by Thomas Dennis, of Altora Global

Happy sellers in Omeo

80%
80% of sellers in Omeo reported that their sale price either exceeded or met their price expectations.

Omeo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Omeo over the last 12 months.

Local market activity for 12 bedroom block of units in Omeo

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