Homes for sale around Australia that will also make you money

Combine work and play with a home that is also an enterprise.

We’ve rounded up the best bed and breakfasts, hotels, restaurants and wedding venues, where hand-in-glove with the mortgage is the potential to make a buck.

48 Pepperberry Lane, Cannon Valley, Queensland

SOLD - $2,800,000

48 Pepperberry Lane, Cannon Valley QLD 4800

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On a mountain, with views of Hayman Island and a heavenly pool, the property is commercially zoned. It has a gym and oodles of outdoor space, and is 12 minutes from Airlie Beach, promising wedding venue or B&B potential for the buyer. All of the bedrooms have en suites and for the owner, a spacious suite with a dressing room, bath tub and a day bed. Everyone wins.

1-3 Marine Parade, Byron Bay, New South Wales

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1-3 MARINE PARADE, Byron Bay NSW 2481

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One of two hotels on legendary Wategos beach, Victoria’s hotel is next to the iconic lighthouse and draws holidaymakers for its Mediterranean flair. The property has two pools – one with a waterfall and the other with a cabana, for lingering longer. A log fireplace warms the living zone in the winter, so it is gorgeous through all seasons, and the foreshore is just 100 metres from the door.

871 Sackville Road, Sackville, New South Wales

SOLD - $2,300,000

871 Sackville Road, Sackville NSW 2756

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A tick over an hour from Sydney, on the Hawkesbury River, Cook’s Shed has seating for parties of 150 in a 40-metre long rustic pavilion with retractable doors to embrace the bush setting. Two bars keep the drinks flowing and at the end of the evening, the owner can retreat to the one-bedroom cabin on the property, which has views of the river, and count their cash.

8 Church Street, Stanley, Tasmania

Offers Over $859,000

8 Church Street, Stanley TAS 7331

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Cute as a button, Ellie’s Cottage and shopfront in the main street of Stanley is a local institution and already a successful bed-and-breakfast, comprising two units. The property, about 250 metres from the beach and a short walk to restaurants and shopping, is being sold with furniture, linen and appliances, so the new owner can nip over from the mainland and start afresh.

13 Calimo Place, Indented Head, Victoria

$3,900,000 - $4,300,000

13 Calimo Place, Indented Head VIC 3223

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This property has been featured on Grand Designs Australia but the real scene-stealer is the view of the bay, which stretches from Arthurs Seat to the city. It is offered for sale as a “live-in B&B”, made up of three separate apartments (one is a penthouse, with a steam shower, water feature to fill the bath tub and a fireplace), but it could also be an enviable weekender for a large family.

194 Great Western Highway, Blackheath, New South Wales

SOLD - $1,900,000

194 Great Western Highway, Blackheath NSW 2785

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In the Blue Mountains town of Blackheath, find the George Boutique Hotel, built in 1891. The highlights of the grand old dame include rich period detailing, a handsome library, romantic chandeliers, a wine cellar, lounge, bar and the ability to configure the rooms however the buyer wishes. The furniture is part of the sale.

2A Gamble Street, Trentham, Victoria

$945,000 - $985,000

2A Gamble Street, Trentham VIC 3458

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Japanese-inspired, ornamental gardens and water features surround this tranquil property in Trentham, in Victoria’s spa and foodie country. Daylesford – also a delight – is the neighbouring town. A separate studio provides B&B potential, or could be a longer-term rental. The studio has a bedroom, living area and access to the desks, to soak up the ambiance.