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384 Jems Creek Road Cobark, NSW 2422

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384 Jems Creek Road,
Cobark, NSW 2422

Hotel, Motel & Leisure

Price information

Sold

$1,850,000

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 384 Jems Creek Road

Directions

Best offer will Buy - Must be Sold!

The Location

Located approx. 300km from Sydney CBD, 164km from Newcastle CBD and just 42 kms west of the town of Gloucester, this unique and massive property is nestled between the Barrington Tops State Forest and the Barrington Tops National Park in a beautiful and natural setting at the foothills of a Eucalyptus and rainforest covered mountain with partially cleared land for grazing.

The Barrington Tops National Park is a world heritage area located in the upper hunter valley and is a nature lover paradise with rich flora and fauna.

The Property

The property is a massive 775 hectares (1917 acres) parcel of pristine land with natural rainforest, fresh water streams and creeks, including 3km frontage to the Dilgry river, the cleanest river in mainland Australia. There is abundant wildlife, swimming holes as well as many private walking and 4WD walking trails on the property.

The guest accommodation consists of 4 x 1 bedroom well-appointed loft cabins and 4 spacious 2 bedroom cottages. They are all well-appointed with finishing that is sympathetic to their local environment. They are all fully self-contained with modern kitchen and appliances. The lofts can accommodate up to 5 guests and the cottages can accommodate up to 8-9 guests.

The owner's residence consists of a spacious 4-bedroom homestead that had recently been fully renovated. The homestead occupies its own private block and contains a large modern kitchen, 2 bathrooms and an open lounge with a fireplace.

There is a fully licenced restaurant with a commercial grade kitchen housed in a charming building that also contains an office, a guest lounge with a large open log fireplace, games area, alfresco seating, outdoor BBQ facilities and bathroom facilities. The restaurant can seat 80 patrons and is currently operational for breakfast and three-course dinners for guests only. Other improvements include a salt-water swimming pool, a tennis court, a helipad, various sheds and disused stables.

Substantial capital has been invested in continuous upgrades and renovations and as a result the property is in top condition.

The Business

This award winning AAA rated 4.5-star resort was established in October in 2009 and has been showing steady profit with healthy occupancy rates. The business is well established and enjoys great reputation with many positive customer reviews. The retreat attracts domestic and international tourists with its pristine surroundings as a major drawcard. There is little competition in the area with the retreat catering for couples looking for a romantic getaway close to nature without compromising on great food menu and cosy lodging. It also caters for families looking for a farm stay with outdoor activities and for fishing enthusiasts, birds watching lovers and keen bush walkers all looking to take in the Barrington Tops experience In style and comfort. The business is fully staffed, systemised and is easy to run by either an owner manager or a live-in manager.

There is scope for further growth in income as development approval for an additional 15 new cabins has been obtained.

Currently most secondary activities such as 4WD tours, horse-riding and personal pampering services are outsourced. A new owner may consider running those activities in-house to broaden the revenue mix. The staging of conferences, events and weddings in this unique setting is another important avenue for growth for a new owner willing to put in the effort.

The Offer

The property and the business are on offer on walk-in walk-out basis (excluding homestead content) with all plant and equipment, database, software, goodwill and forward bookings at a negotiated price. The owner is committed to moving after a hand over period and all serious offers will be considered.

Please call for a detailed information memorandum on this unique property and business offering. As this is a private going concern, inspections are strictly by appointment.

Property ID: 501310827Last Updated: 24 Jun 2015

1800 198 8...
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384 Jems Creek Road
Cobark, NSW 2422
Accommodation Properties Pty Ltd - BANKSTOWN
Level 4, Suite 8, 402-410 Chapel Road
BANKSTOWN, NSW 2200

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