About the Business

Business ID: XB162516

Flexible Property Offering with Multiple Potential at Gateway to the Macedon Ranges

An exceptional opportunity to own Lancefield Guesthouse, a freehold accommodation and conference property at the gateway to the Macedon Ranges. Set on approximately 2,800 sqm, this established business offers flexible options with multiple revenue streams and significant growth potential.

Key Highlights:

- Flexible Options – Investment or an owner-operator with income as a boutique guesthouse, conference, and function venue. The settings also offer the potential for a corporate retreat or long-term rental (STCA)

- Security of a freehold property located on a prime location in a growing regional town

- Accommodation offering – Spacious 2-bedroom manager’s residence with separate kitchen. There is a separate basement wine cellar.

- The main building has 16 fully ensuite rooms, with a common guest area, kitchen, and garden.

- Fire and safety – fully equipped residential property with a back-to-base fire system, offering top-tier safety and security—simply the best you can get!

- Conference & Event Facilities – Currently setup for corporate, weddings and business workshops with potential to convert to other uses.

- Massive Potential – Taking current annual revenue ($240,000) at 20% occupancy to 65% occupancy can potentially increase revenue above $700,000

- Alternative Long-Term Rental (STCA) – Potential to generate over $280,000 per year from the rooms and manager’s resident

- 23 car park space

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With strong foundations and room to scale, Lancefield Guesthouse offers an attractive entry-level opportunity for the individual owner-operator seeking a business and property with a combination lifestyle, location, income potential and flexibility in freehold property in the booming region with proximity to Melbourne.

Asking price $2,100,000 Negotiable