13/169 Great Ocean Road Apollo Bay VIC 3233

This prime two-bedroom, two-bathroom penthouse offers buyers a unique dual-occupancy investment opportunity with no overriding landlord lease. This is a rare opportunity within this complex as it is the only one not under a Lease Management Agreement, allowing you the freedom to live in it permanently or holiday let without any restrictions on usage.

Positioned on the top level of ‘Apollo 169’ with expansive ocean, harbour and mountain views, this low-maintenance design with sleek finishes is situated in the heart of town, directly across the road from the beach. The penthouse design includes a one-bedroom fully self-contained apartment with large outdoor terrace plus a separate one-bedroom studio with ensuite. Currently, both are let separately and managed by an independent property group, generating outstanding holiday rental returns.

Both bedrooms feature private balconies, perfect for enjoying the sea breeze, while the large terrace offers sensational views. The additional benefit of this property is the flexibility of utilising the space as a two-bedroom self-contained apartment or separately as a self-contained, one-bedroom with terrace and a separate studio apartment.

Inside, the apartment is designed for comfort and ease of living, with built-in robes, laundry facilities, and reverse-cycle air conditioning. The open-plan kitchen, dining, and living area flowing out to the large terrace is the perfect space for entertaining guests or relaxing with family. There is also underground parking for two cars and the property comes fully furnished.

GOODLIFE HIGHLIGHTS
• Sensational closeup views of Apollo Bay’s main beach and harbour
• Not tied into a Landlord Lease – full access
• Upper-level apartment with huge terrace 7.8 x 7.8m
• Two carparks within the complex
• Modern and low maintenance
• Rented together or separately - two-bedroom apartment or one-bedroom apartment plus one studio
• Total revenue achieved for 25/26: $82,760 24/25: $90,655

Property Features

• Remote Controlled Garage Door
• Secure Parking
• Air Conditioning
• Balcony
• Deck
• Outdoor Entertaining Area
• Broadband
• Built In Wardrobes
• Dishwasher