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
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