Lot 1, 1432 Princetown Road, Cooriemungle, Vic 3268

A Rare Lifestyle Investment with Long-Term Commercial Security
4.185 Hectares (10.34 Acres Approx.)

Positioned in the heart of Victoria's world-renowned Shipwreck Coast tourism region, just minutes from Port Campbell, the Twelve Apostles and the iconic Great Ocean Road, this exceptional 4.185-hectare holding offers a rare combination of lifestyle, accommodation, commercial security and future development potential.

Properties that successfully blend residential enjoyment with genuine income-producing capability are increasingly difficult to find. This unique offering provides the opportunity to enjoy a premium rural lifestyle while benefiting from a secure commercial investment underpinned by an established long-term tenant.

The main residence is a welcoming and thoughtfully renovated country home, offering comfortable family living within a peaceful rural setting. Featuring two generous bedrooms, spacious open-plan living and dining areas, a well-appointed kitchen and expansive wrap-around verandahs, the home combines character, functionality and country charm. The design provides flexibility for permanent living, holiday accommodation or a combination of both.

Further enhancing the property's versatility is additional accommodation including a fully self-contained container home. Ideally suited for guest accommodation, tourism operators, staff housing or extended family use, this valuable addition creates further opportunities to generate supplementary income within a region that continues to attract strong visitor demand throughout the year.

What truly sets this property apart is the substantial commercial component. Included in the sale is the freehold premises currently occupied by the well-known Gorge Chocolates business, together with extensive shedding, storage and supporting infrastructure. The existing lease is secured through to 2030, providing purchasers with confidence, stability and an immediate income stream from settlement. The lease return represents an approximate 5.6% yield.

Importantly, the property's appeal extends well beyond its current use. With significant shedding already established, ample land available for expansion and strong tourism traffic throughout the region, the property offers a compelling platform for future growth. Additional accommodation, boutique tourism ventures, hospitality experiences, events, artisan food production or other commercial opportunities may all be explored, subject to the relevant approvals.

A boutique vineyard positioned at the front of the property further enhances the presentation and character of the holding, creating a memorable arrival experience while complementing the lifestyle and tourism appeal of the property.

For investors, the attraction lies in the security of a long-term commercial lease combined with substantial underlying land and infrastructure assets. For lifestyle purchasers, the property delivers a sought-after coastal hinterland location with multiple accommodation options and room to grow. For tourism operators, it presents a rare opportunity to acquire an established destination asset within one of Australia's most visited coastal regions.

Whether viewed as a lifestyle investment, tourism enterprise, landholding or diversified income-producing asset, this is a property that offers immediate returns today while providing genuine opportunity for tomorrow.
Property Highlights
• 4.185 hectares (10.34 acres approx.)
• Minutes from Port Campbell, the Twelve Apostles and the Great Ocean Road
• Renovated country residence with spacious living areas and wrap-around verandahs
• Additional self-contained container home accommodation
• Extensive shedding and commercial infrastructure
• Freehold commercial premises occupied by Gorge Chocolates
• Long-term lease secured through to 2030
• Approximate 5.6% yield
• Boutique vineyard enhancing the property's character and tourism appeal
• Multiple accommodation and income streams
• Strong exposure to one of Victoria's premier tourism destinations
• Significant future expansion potential (STCA)

Type

House

Bedrooms

3

Bathrooms

2

Parkings

12

Area

4.18 ha