16CPF - MONEY MAKER WITH UPSIDE

FREEHOLD $4,400,000

1.69 ha
  • Long established well diversified business with several areas for growth.
  • Business benefits from several reliable school groups that book well in advance, weddings / retreats and a number of tourism sectors.
  • Entry level accommodation provider under an eco-tourist banner, and offers family bookings., weddings, group bookings for events and school visits.
  • Room for expansion and the installation of additional facilities, subject to Council approval. The property offers a mix of accommodation types, ranging from entry level cabins and bungalows sleeping from 4 to 6 people, through to The Lodge which can sleep up to 15 people. In all the complex has 11 accommodation buildings configured to a capacity of between 99 and 120 people.
  • Additional infrastructure includes the recreation / games / food prep building, pool, barbeque area, and administration and manager’s residence building.
  • The facility has been operated under owner management, for approximately 23 years with upgrade works having been undertaken over the past 8 years. The school business due to the offering, the adjoining attractions and the facilities has grown considerably.

Land: 1.692 Ha (includes undeveloped land) and Zoned as RU2 - Rural Landscape

  • Flood free parcel of land, with private location about 200 metres south of Nelson Bay Road.
  • Sand dunes on Stockton Beach adjoin immediately to the south.
  • Developed in its current form to an eco-tourist complex.
  • Recognized and established business with a high return rate.
  • Rare sand dune frontage to the southern alignment, creating access to non-swimming beaches.
  • Quiet location off the southern side of Nelson Bay Road with eco-tourist appeal.
  • Close proximity to services and facilities, with the Nelson Bay Commercial Precinct within 9 kms and the Anna Bay Commercial Precinct within 2 kms.
  • Diversified accommodation provided from cabins through to bunk accommodation in the duplexes and Lodge.
  • Increasing turnover during the past four years.
  • Mixed constructed and adapted / extended since the 1970’s.
  • Neat and tidy with refurbishment undertaken over the past 8 years, entry level accommodation.
  • Extensive monies have been outlaid over the past 5 to 8 years with the property presenting in up-to-date condition with no outstanding capex requirements.

Net Profit: $355,487 for 2020/21 based upon expected industry averages 48.56% of total sales

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 16CPF (quote when enquiring)

 

 

Price FREEHOLD $4,400,000
Location Anna Bay
Property ID 16CPF
Category

Quick Links

Share Property