Buy a B&B and make your home work
MAKE your home work overtime, providing you with income as well as a new lifestyle.
FANCY making the bush or the beach your new backyard, with a home and income as part of the deal?
Home buyers after a sea or tree change can now own a B&B or guest house, often for less than the price of a unit in some Australian capital cities.
Across the nation, dozens of small hotels and boutique lodges are for sale, offering househunters not just a new home and lifestyle, but also an income.
So if you dream of ditching the city for a more relaxed lifestyle, cheaper housing and shorter commutes, you may find your idea of paradise as a guest house owner in one of these postcodes.
New South Wales
With an asking price of $4.9 million, Nimbo Fork is a 39ha property 16kms north of Tumut in rural New South Wales. The lodge at the foot hills of the Snowy Mountains and Kosciusko National Park is a popular spot for fly fishing.
The property has six individual cottages as well as four fishing ponds interconnected by running water raceways.
Victoria
For prospective boutique hoteliers with more than a million dollars to spend, here’s a home business on offer 32km northeast of Melbourne.
Crest Castle, a faux chateau B&B is $1.6 million. The 10-room property has medieval turrets, a lagoon and footbridge. Other features include a bar, commercial kitchen, hydrotherapy spa and a self-contained apartment.
Queensland
Dingo Beach Hotel is on the market for $2.9 million in the heart of Queensland's tourist territory, The Whitsundays. The waterfront hotel, 50kms north of Airlie Beach, has eight two-bedroom units, a restaurant, manager’s residence, outdoor dining space, petrol pump and a convenience store on site.
Also in Queensland, the luxury Sarayi hotel on Williams Esplanade at Palm Cove has been listed for $6.95 million. The 26-room hotel includes eight apartments and 18 studios, plus a rooftop function space, pool and spa.
South Australia
On Kangaroo Island, one of the country’s most popular holiday destinations, a five-bedroom house with three guest suites is on the market for offers above $650,000.
Operating as a B&B since 1997, Correa Corner is just 50m from the beach.
Northern Territory
For those who really want to get away from it all, a B&B in the Top End at Dundee Beach, a small fishing town west of Darwin, could be yours for sale at $720,000.
The remote, but self-sufficient property is 600 metres from a prized local fishing spot and has a four-bedroom house and swimming pool.
Tasmania
Down on the Apple Isle in Orford, a small coastal town 73km north east of Hobart, a piece of Tasmanian history has been placed on the market for $795,000. A B&B for 10 years, Sanda House is a six-bedroom Georgian-style sandstone property with a cottage garden, hen house, vegetable garden and an orchard.
Western Australia
Buyers lured by the west can invest in Big Brook Cottages near Pemberton in Western Australia for $1.395 million. The 10-room rural homestead is on 6ha and has limestone self-contained chalets overlooking a forest as well as a four-bedroom home.
