Home' South Gippsland Sentinel-Times : May 2, 2017 Edition Contents PAGE 40 - THE SOUTH GIPPSLAND SENTINEL-TIMES, TUESDAY, MAY 2, 2017
INVERLOCH OFFICE 7 a’Beckett Street 5674 1111
Expressions of Interest Closing Friday, May 19 at 4pm
225 Wilsons Road, Cape Paterson
COASTAL LIFESTYLE LAND BANK POTENTIAL 121 ACRES/48.93 HECTARES
Strategic oppor tunity with expansive panoramic views to Bass Strait. Featuring comfortable 4 bedroom
brick verandah style residence, stock handling facilities, shedding, adjacent to The Cape Eco Village.
Close to a magnificent beach, only minutes to Inverloch/Wonthaggi. Less than two hours to Melbourne
Marni Redmond 0403 525 413
Wayne Skate 0438 011 586
The Noodle Canteen and ‘Gustos’ next door are highly regarded businesses on long leases at these two shops which are for sale.
PROMHILLS Cabins in Yanakie has been
recognised as a top independent hotel in Aus-
tralia by HotelsCombined.
HotelsCombined, the Australian based hotel
meta-search company, has started an extensive
survey covering different types of accommodations
within Australia. This survey is based on gathering
data from millions of guest reviews, and translat-
ing them to an official Recognition of Excellence.
The HotelsCombined Recognition of Excellence is
not a ranking list but a group of outstanding accom-
modations chosen based on a strict set of criteria.
Promhills Cabins was awarded a 2017 Rec-
ognition of Excellence Award. Promhills Cabins
boasts a high satisfaction rating among guests
and travel industry experts, receiving 91 recent
reviews with an impressive average rating of 10
out of 10 (compared to the industry standard
of 7.2), meaning that Promhills Cabins is rep-
resenting the top 3 per cent of hotels worldwide
for customer satisfaction.
The property owner, Angela Taylor, said she
was thrilled with this independent recognition.
“We’re even more delighted as this is not an
award that is entered, but one that is inde-
pendently judged and awarded based on our
guests’ ratings and reviews.
“It was a wonderful surprise to be contacted
and told we were to receive this honour.”
Chris Rivett, market manager of HotelsCom-
bined Australia said the organisation is thrilled
to be working with the best hotels in Australia.
“Promhills Cabins is certainly among them.
“What is different about the Recognition of Excel-
lence is the way information is gathered and ana-
lysed: it all depends on the guest and his or her
experience with that particular accommodation.”
Promhills Cabins comprises of three self-con-
tained cabins and two luxury eco tents, set on
five peaceful acres.
For more details, visit: www.hotelscombined.
com.au or www.promhillscabins.com.au
VICTORIA’S property market performed
strongly in the first three months of 2017 with
regional house prices increasing 4.1 per cent
over the quarter to a median of $377,000 .
Point Lonsdale on the Bellarine Peninsula
recorded one of the state’s largest increas-
es with the median house price up 9.6 per
cent to $657,500 – an increase of more than
$57,000 on December figures.
The Ballarat suburb of Soldiers Hill was
another top performer with house prices in-
creasing 8.2 per cent in the March quarter
to a median of $365,500. This was up from
$335,000 in the previous quarter.
The nearby suburb of Alfredton also ex-
perienced solid price growth with the me -
dian house price increasing 6.5 per cent to
$410,000 , up from $385,000 in December.
Meanwhile, house price growth was also
recorded in a number of Geelong suburbs
including Belmont, where the median house
price increased seven per cent over the
quarter to $460,000 - a $30,000 quarterly
Solid price growth of more than five per
cent was also experienced in Geelong West
and Hamlyn Heights, boosting the median
house price in these areas to $585,000 and
House prices also rose in Castlemaine,
north west of Melbourne, with the town’s me -
dian house price up 6.5 per cent to $452,500.
Maffra in the state’s east also saw growth
in the March quarter with the median
house price rising 5.4 per cent to $275,000 .
This was up from $261,000 in the December
Other areas experiencing price increases
of at least four per cent include Gisborne,
up 4.9 per cent to a median house price of
$691,000; Mount Clear, up 4.8 per cent to
a median of $330,000; Kilmore, up 4.7 per
cent to $368,000; Norlane, up four per cent
to $246,250; and Drouin, up four per cent to
More moderate quarterly increases of at
least three per cent were recorded in Irymple
($267,000), Warragul ($388,000), Highton
($583,500), Woodend ($608,000) and Gee -
For more information on house prices by
town or region, visit reiv.com.au.
Joseph Walton is the president of the
Real Estate Institute of Victoria.
Top award for
Regional areas performing well
A RARE opportunity ex-
ists for an astute purchas-
er to add these two shops
on the one title to their
They are located in the
heart of the Wonthaggi CBD
in what you could only de-
scribe as the ‘Golden Mile’
of the commercial hub.
With guaranteed foot
traffic, high exposure and
continual capital growth,
this is an opportunity not
to be missed.
The shops, at 144-146
Graham Street, are first
class quality and come
with secure car parking at
The tenants are on long
leases, are well known and
established throughout the
community and are grow-
ing all the time.
The ‘Noodle Canteen’ has
been servicing the Wont-
haggi community for more
than nine years, while
‘Gustos’ is a new business
to Wonthaggi but has a rep-
utation second to none.
The truth of the matter
is a rental return of over 6
per cent is here for the tak-
ing with the tenants paying
For a full list of updat-
ed leases, current rental
amounts etc, contact PBE
Real Estate Wonthaggi on
It’s much better than
Blue chip investment
By Joseph Walton
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