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CBRE - Hotels

79 Old Coach Road Princetown, VIC 3269

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79 Old Coach Road,
Princetown, VIC 3269

Development Sites & Land • Hotel, Motel & Leisure
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CBRE - Hotels
Scott Callow

CBRE - Hotels

Level 21, 363 George Street
SYDNEY, NSW 2000
04181536...
CBRE - Hotels
79 Old Coach Road
Princetown, VIC 3269

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  • Bus stops within 5 km of 79 Old Coach Road, Princetown, VIC 3269Distance
    Old Ocean Rd/Great Ocean Rd (Princetown)736 m
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Rare opportunity for shovel ready resort development site adjacent to the Twelve Apostles

  • Adjoining the Great Ocean Road
  • 6km east of the Twelve Apostles
  • Significant investment in local tourism
The Great Ocean Road is one of Victoria’s most popular attractions for both domestic and international visitors. Feedback from these markets is that the lack of available commercial accommodation and food and beverage offerings reduces the length of visitors stay. Visitors are instead travelling back to Melbourne or on to Warrnambool to find suitable accommodation.

Visit Victoria actively supports the realisation of new accommodation and experiences for the region, including eco-lodges, as proposed for this site. This 48.42 hectare site offers a mix of developable land, natural wetlands, the Gellibrand River and access to the ocean beach within walking distance. This development has been designed to fit within the local environment and enhance the many natural features that the site has to offer.

Investment Highlights:

- Adjoining the Great Ocean Road
- 6km east of the Twelve Apostles
- Significant public and private investment into the local tourism industry expected over the next few years
- Limited competition in the area, this development would be the first of its kind
- Shovel ready project designed by award winning architects GHD Woodhead. Significant access upgrades recently completed under the permit.
- Eco-experience led design guided by prior history in eco-development, experiential tourism
- Significant strategic support of State and Federal Governments
- Permit for a 58 key eco lodge and 300 seat eco-activity centre and restaurant
- Opportunities for further sustainable eco development of the site
- Victoria’s Otway’s have become a popular tourism precinct for domestic and international tourism. Existing attractions include treetop walks, zip lining and mountain bike riding.
- This eco-tourism development has been designed to minimise environmental impact and appeal to the eco-conscious traveler
- The site itself is well sheltered from the prevailing ocean winds allowing visitors to enjoy a range of activities including the Gellibrand River, walking tracks and natural flora and fauna in any weather conditions.

The property is for sale via Expressions of Interest closing Wednesday, 4 December
2024 at 3pm (AEDT).

Property ID: 504725620Last Updated: 30 Oct 2024

CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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