Coastal Resort with Solid Turnover

Tarthra, South Coast - New South Wales

Due to the retirement of one of the owners it has been decided to offer this superb resort for sale. Located in Tathra on the Far South Coast of NSW, it is set on 100 acres of lush bushland only minutes from the beautiful Tathra Beach.

The popular and well established resort is currently generating revenues of approx. $765,000 (FY2010/11) and is showing consistent year on year growth, while offering an incoming purchaser scope to improve the bottom line. The modern log cabin accommodation resort by the lake currently comprises 34 units of accommodation, offering a variety of accommodation styles comprising Deluxe Cottages, Cedar Cabins, Motel Suites and Group Lodges.

Extensive facilities include 2 large conference areas (recreational / conference room; camp function centre with eating / entertainment area, catering commercial kitchen and extensive community cooking facilities); owner / manager’s residence; in-ground swimming pool; children’s playground; BBQ area; fireplaces; wood shed; tennis court; basketball court; volleyball court; Bocce court; mini golf course; rock climbing wall; archery course; high ropes course; flying fox; canoeing; walking tracks; office / reception block; guest laundry; car parking and extensive landscaping and maintained grounds.

The extensive range of facilities provides a distinct point of difference to other holiday resorts in the region driving repeat visitation. The business enjoys a diverse market base which includes the traditional family holiday market, wedding and conferencing markets, plus education and sporting groups, with scope for further growth.

The property presents as a rare opportunity to purchase a highly sought-after accommodation asset, offering a variety of accommodation styles – plus further expansion potential – superbly located to capitalize on the regions proximity and popularity to the Melbourne, Sydney and Canberra markets.

The Facts

$3,250,000
Freehold and business
REF
N1239

Operating Status
Operating
Tourism Region
South Coast, New South Wales
Guest Bedrooms
37

Guest Bathrooms
37

Owner Bedrooms
3

Owner Bathrooms
1

Financials
$769k Turnover (FY2011)

Land Size (approx)
4,306,000 sqm
(1,064.04 acres , 430.60 ha)

Inspection: By appointment only