Description: 6,071 square metres of elevated land with stunning lake views. Currently 44 units with DA and CC to increase to 69 units. This property offers one of the most outstanding opportunities that I have seen in many years in the brokerage industry. This area is one of NSW’s strongest growth regions with an amazing future in the ecotourism and sporting trade. When completed there will be considerable capital appreciation.
Construction: 44 units plus a large apartment and commercial kitchen and other rooms. Two and three storey brick and concrete block construction with Colorbond roof and brick wall partitions. Older rooms sell to backpackers. Newer rooms have spa baths in the bathroom, heated bathroom floors, etc
Residence: 3 bedroom plus 2 staff rooms on the top floor.
Clientele: Sporting trade, trade workers, group tours, school education groups, holiday trade, ecotourism.
Tariffs: Single $85; Double $120; Family (4) $160;
Chain Affiliation: No
Lease: No
Laundry: Heavy duty equipment. All linen owned and done onsite.
Restaurant: 80 seat licensed restaurant
Services: In Floor Heating Throughout – Central Heating – No Cooling, spas in 18 rooms, 12 rooms with cooking facilities, BBQ, fire rated.
Turnover: 12 Months March 2018 to February 2019 $1,628,030
MQ Property ID:
3734570
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