An established income-producing holiday accommodation business, substantial commercial landholding and exciting future development potential, all positioned on the doorstep of Milton's vibrant village centre.
Successfully operated by the current owners for 15 years, the property comprises three comfortable and renovated, two-bedroom holiday apartments, offered on a complete walk-in, walk-out basis, right down to the linen, crockery and cutlery. With highly ranked listings on Airbnb and Booking.com, the business has generated an approximate average annual income of $130,000 over the past three years, providing an established operation with a proven trading history.
Beyond the immediate income, the real opportunity lies in the property's untapped potential.
A substantial portion of the land remains undeveloped, presenting exciting possibilities under its E1 Local Centre zoning. An expired Development Approval previously provided for four additional studio apartments and further car parking, offering a potential starting point for renewed development investigations. Alternatively, the site may lend itself to shop-top housing, medical consulting rooms, commercial premises or other mixed-use development opportunities (subject to council approval).
Each apartment is separately metered for electricity, with a shared water meter and communal laundry, providing a practical setup for continued operation.
Positioned on the edge of Milton's thriving CBD, the property enjoys easy access to the township's boutique shopping, cafés, restaurants and historic streetscape, with Mollymook's beautiful beaches just a short drive away.
Property highlights:
• Three renovated, fully furnished two-bedroom holiday apartments
• Approximate average annual business income of $130,000 over the past three years
• Established and successfully operated for 15 years
• Highly regarded Airbnb and Booking.com listings
• Freehold and business offered together as a going concern
• Complete walk-in, walk-out opportunity
• E1 Local Centre zoning with substantial undeveloped land
• Expired Development Approval for four additional studio apartments and car parking
• Significant potential for further commercial or mixed-use development
• Separate electricity meters, shared water meter and communal laundry
• Prime position on the fringe of Milton's vibrant CBD
An established business generating income today, with the land, location and flexibility to create something even greater tomorrow.
Whether you're seeking a proven accommodation investment, an opportunity to expand an existing business or a strategic commercial landholding with future development potential, 125 Princes Highway offers a compelling combination of immediate returns and long-term opportunity.
Disclaimer: Income figures are approximate and subject to purchaser verification. All development opportunities are subject to council approval. The previous Development Approval has expired.
