Residence Guide $1.050 to $1.125
Plus Boutique Accommodation Business $200,000
Sold as a Going Concern via Separate Property and Business Contracts
Behind the charming façade of this beautifully presented residence lies something increasingly rare, a long-established boutique accommodation business with an enviable reputation and a proven trading history spanning more than 17 years.
Known as "Pearl on the Avenue", this highly regarded executive accommodation business has catered to corporate guests, medical professionals, university staff, relocating executives and short to medium-stay travellers since 2009, generating a consistent six-figure income while building a loyal base of repeat and referral guests.
Comprising a spacious main residence together with two private self-contained garden studios at the rear, the property offers six distinct accommodation options which have consistently generated a strong and proven accommodation income stream. Detailed financial records and Section 52 documentation are available to qualified purchasers.
The main residence presents a generous open-plan lounge and dining area filled with natural light, adjoining a well-appointed kitchen with quality appliances and ample storage. This welcoming living space flows seamlessly to a covered alfresco entertaining area overlooking the rear gardens.
The expansive Private Guest Suite incorporates its own ensuite bathroom, kitchenette, built-in robes and private retreat area, creating a versatile accommodation offering or potential owner's suite. A separate accommodation wing comprises three additional guest rooms serviced by a central bathroom, separate toilet, laundry, full kitchen and its own guest lounge, providing flexibility and comfort for visitors while maintaining privacy throughout the home.
Adjacent to Frankston's CBD and medical precincts, this superb location aligns to Beach Street shops and cafes, Frankston Power Centre, Jubilee Park, Frankston train Station, PARC Aquatic Centre, Monash University and Chisholm TAFE. Convenient Peninsula link and Melbourne freeway access is a minute drive from the front door of Pearl on the Avenue.
Whether retained as a thriving boutique accommodation enterprise or enjoyed as a substantial family residence with both current and future income flexibility, this is a truly unique opportunity to secure both a quality appointed home and a proven turn-key accommodation hospitality business platform.
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
