1 Jetty Road, Marion Bay, Sa, 5575

Buy​ ​your​ ​Lifestyle​ ​Business​ ​or​ ​Home​ ​on​ ​1593m2​ ​
Book​ ​your​ ​viewing​ ​now​ ​**​ ​Self​ ​Management​ ​or​ ​Hire​ ​a​ ​Manager.​ ​​ ​Is​ ​The​ ​Price​ ​Right​ ​for​ ​you.
5​ ​apartments​ ​self-contained​ ​apartments​ ​with​ ​well-maintained​ ​improvements​ ​including:​ ​(8​ ​Bedrooms,​ ​5​ ​Bathrooms)
Located​ ​in​ ​one​ ​on​ ​the​ ​country's​ ​most​ ​desirable​ ​coastal​ ​vacation​ ​destinations​ ​*​ ​Rates​ ​approx​ ​​ ​$2400pa​ ​​ ​
Marion​ ​Bay​ ​Seaside​ ​boutique​ ​holiday​ ​apartments​ ​are​ ​situated​ ​on​ ​the​ ​foreshore,​ ​overlooking​ ​the​ ​Jetty,​ ​Boat​ ​Ramp​ ​&​ ​the​ ​Bay​ ​with​ ​views​ ​to​ ​Kangaroo​ ​Island​ ​on​ ​a​ ​clear​ ​day.​ ​The​ ​property​ ​is​ ​well​ ​suited​ ​to​ ​both​ ​couples​ ​&​ ​families,​ ​just​ ​a​ ​minutes'​ ​walk​ ​to​ ​the​ ​beach,​ ​making​ ​it​ ​ideal​ ​for​ ​the​ ​coastal​ ​getaway.​ ​​ ​
Option​ ​to​ ​convert​ ​downstairs​ ​to​ ​Managers​ ​Apartment;
•​ ​3​ ​x​ ​2​ ​bedroom​ ​&​ ​1​ ​bathroom​ ​Ocean​ ​View​ ​Apartments​ ​with​ ​private​ ​balconies​ ​&​ ​BBQ's
•​ ​2​ ​x​ ​1​ ​bedroom​ ​&​ ​1​ ​bathroom​ ​ground​ ​level​ ​apartments
The​ ​apartment's​ ​were​ ​renovated​ ​in​ ​June,​ ​July​ ​&​ ​August​ ​2022.​ ​​ ​The​ ​renovations​ ​and​ ​new​ ​furniture​ ​etc​ ​costs​ ​exceeded​ ​$260,000.00.
The​ ​Peak​ ​2​ ​bed-room​ ​nightly​ ​rent​ ​is​ ​$250;​ ​​ ​Low​ ​period,​ ​2​ ​bed-room​ ​nightly​ ​rent​ ​is​ ​$180
The​ ​Peak​ ​1​ ​bed-room​ ​nightly​ ​rent​ ​is​ ​$200;​ ​​ ​Low​ ​​ ​period,​ ​1​ ​bed-room​ ​nightly​ ​rent​ ​is​ ​$150​ ​
•​ ​Reverse​ ​cycle​ ​air​ ​conditioning​ ​​ ​•​ ​Colour​ ​televisions​ ​
•​ ​Kitchens​ ​with​ ​full​ ​size​ ​stove/oven,​ ​microwave​ ​&​ ​fridge/freezer
•​ ​Magnificent​ ​views​ ​over​ ​Marion​ ​Bay
•​ ​Onsite​ ​Gas​ ​BBQ
•​ ​Excellent​ ​Car​ ​Parking
Built​ ​in​ ​1995​ ​the​ ​business​ ​has​ ​been​ ​running​ ​for​ ​over​ ​25​ ​years.​ ​The​ ​Marion​ ​Bay​ ​Seaside​ ​Apartments​ ​has​ ​always​ ​enjoyed​ ​a​ ​high​ ​occupancy​ ​rates​ ​&​ ​has​ ​been​ ​built​ ​on​ ​a​ ​repeat​ ​&​ ​referral​ ​business.

The​ ​1593sqm​ ​allotment​ ​offers​ ​the​ ​opportunity​ ​to​ ​capitalised​ ​on​ ​its​ ​main​ ​street​ ​frontage​ ​with​ ​the​ ​potential​ ​to​ ​build​ ​further​ ​accommodation​ ​(stcc).​ ​External​ ​improvements​ ​include​ ​good​ ​rainwater,​ ​solar​ ​&​ ​a​ ​large​ ​storage​ ​shed.​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​
​ ​​ ​​ ​​ ​​ ​Run​ ​your​ ​own​ ​Business​ ​Earn​ ​Money​ ​or​ ​just​ ​share​ ​it​ ​with​ ​your​ ​family​ ​*

LOCATION
The​ ​Yorke​ ​Peninsula​ ​is​ ​located​ ​north-west​ ​of​ ​Adelaide​ ​in​ ​South​ ​Australia,​ ​between​ ​Spencer​ ​Gulf​ ​on​ ​the​ ​west​ ​&​ ​Gulf​ ​St​ ​Vincent​ ​on​ ​the​ ​east
Sitting​ ​on​ ​the​ ​doorstep​ ​of​ ​Innes​ ​National​ ​Park,​ ​Marion​ ​Bay​ ​is​ ​an​ ​idyllic​ ​coastal​ ​town​ ​popular​ ​for​ ​swimming,​ ​fishing​ ​and​ ​surfing.​ ​With​ ​a​ ​sheltered​ ​swimming​ ​beach​ ​on​ ​one​ ​side​ ​and​ ​a​ ​surf​ ​beach​ ​on​ ​the​ ​other,​ ​it​ ​is​ ​the​ ​perfect​ ​spot​ ​for​ ​your​ ​salt​ ​water​ ​fix.​ ​The​ ​town​ ​is​ ​also​ ​a​ ​popular​ ​fishing​ ​destination​ ​with​ ​plenty​ ​of​ ​spots​ ​to​ ​cast​ ​a​ ​line​ ​and​ ​try​ ​your​ ​luck​ ​beach,​ ​jetty,​ ​rock,​ ​and​ ​surf​ ​fishing.​ ​After​ ​a​ ​day​ ​spent​ ​beachside,​ ​quieten​ ​your​ ​rumbling​ ​stomach​ ​at​ ​the​ ​Marion​ ​Bay​ ​Tavern​ ​where​ ​you​ ​will​ ​find​ ​all​ ​the​ ​local​ ​seafood​ ​staples,​ ​paired​ ​with​ ​a​ ​fine​ ​wine​ ​bar​ ​and​ ​wood​ ​fired​ ​pizza​ ​menu.​ ​
INDUSTRY​ ​&​ ​MARKET
Currently​ ​the​ ​Yorke​ ​Peninsula​ ​contributes​ ​$220million​ ​to​ ​the​ ​December​ ​2019​ ​South​ ​Australian​ ​expenditure​ ​of​ ​$8.1​ ​billion.
The​ ​most​ ​popular​ ​activity​ ​when​ ​coming​ ​to​ ​the​ ​Yorke​ ​Peninsula​ ​is​ ​to​ ​go​ ​to​ ​the​ ​beach,​ ​eat​ ​out​ ​or​ ​dine​ ​at​ ​a​ ​restaurant​ ​or​ ​café.​ ​Other​ ​popular​ ​activities​ ​include​ ​fishing,​ ​bushwalking,​ ​&​ ​visiting​ ​the​ ​National​ ​Parks.

CUSTOMER​ ​BASE
99%​ ​of​ ​visitors​ ​to​ ​the​ ​area​ ​are​ ​domestic​ ​visitors​ ​&​ ​1%​ ​are​ ​international​ ​visitors.
Domestically,​ ​89%​ ​of​ ​visitors​ ​are​ ​from​ ​within​ ​the​ ​state​ ​compared​ ​to​ ​11​ ​per​ ​cent​ ​from​ ​interstate.
88%​ ​of​ ​visitors​ ​to​ ​the​ ​Yorke​ ​Peninsula​ ​are​ ​leisure​ ​visitors​ ​(holiday​ ​&​ ​VFR).