Positioned on an exceptional one-and-a-half-acre allotment with direct frontage and connection to the Ovens River, Ashwood Cottages represents one of Bright’s most compelling lifestyle and investment opportunities, combining a proven accommodation business, an outstanding owner’s residence and significant future potential.
Set within a private, natural setting, the property comprises three highly regarded, fully self-contained cottages, enjoying strong repeat visitation and year-round demand. Thoughtfully spaced across the grounds, the cottages are immersed in mature gardens and native surrounds, offering guests a rare sense of seclusion while remaining within walking distance of Bright’s town centre, Canyon Walk and the Murray to Mountains Rail Trail.
Enhancing the appeal is a double-storey, four-bedroom cottage-style residence, ideal for owner-occupiers or managers seeking a clear separation between business and home life. The residence features generous living areas, charming character details and a private entertaining zone with an above-ground swimming pool.
Importantly, the property benefits from a proposed two-lot subdivision, offering flexibility for future owners to retain the accommodation business, create a separate riverfront holding, or unlock additional value over time (STCA). Large riverfront parcels of this scale are exceptionally rare in Bright, making this a truly unique landholding with long-term strategic appeal.
With direct river access, a substantial land component, established income and future development options, Ashwood Cottages stands as a once-in-a-generation opportunity in one of Victoria’s most tightly held alpine destinations.