House for sale
284-296 Western Avenue,
8 6 9
STUNNING HOME PLUS TOP PERFORMING BUSINESS – BEST ON THE RANGEWith mesmerising views over Baroon Pocket Dam, this 18.5-acre property definitely is a “MUST SEE”. (The business net ROI is around 15%).
Comprising of an award-winning principal residence, four bespoke cottages and ever-increasing figures, this is one property you will GREEN CHANGE for.
Situated in the most prized location on the Blackall Range and minutes from Montville Village, there is no better setting for a high-end cottage accommodation business.
**THE LOCATION IS PERFECT**
~ THE RESIDENCE ~
The stunning, 2015 award-winning home is of intelligent design with dedicated office/reception and commercial laundry integrated into the business end of the house.
The family end of the residence has numerous design features to take advantage of the lovely views. The novel indoor/outdoor entertaining deck has hideaway stacker doors and automatic shade screen.
The commercially-approved kitchen has it all; stone tops, drawer dishwasher, walk-in pantry from the carport, hand wash sink and oversize cooktop and oven.
The main bedroom has a stunning ensuite with sunken spa bath (to enhance the views), and underfloor heating for the cooler Montville months.
There are three more king size rooms and a modern main bathroom.
The log fireplace takes centre stage in the lounge opposite the dining room with picture-framed lake views.
~ THE BUSINESS ~
The three luxurious country chalets plus the breath-taking Balinese cottage (with heated plunge pool), provides a serious, consistent income.
Each cottage is very private, boasting lake views, spa bath, fireplace, kitchenette, carport and individual styling, assuring high guest return rates. The business comes with two vehicles (cleaning van and check-in car).
Approvals were also sought to build four more cottages if required.
~ THE PROPERTY ~
The 18.5-acre property has been designed to be as low maintenance as possible, combining natural rainforest areas with easy-care, landscaped gardens, winding bitumen roads to the cottages, fenced horse paddock and arena.
There is a huge storage shed for property maintenance and comes with a 4WD ride-on mower and Stihl garden equipment.
There is a back-up generator in the event of power outage. Water supply consists of a full flow bore, ensuring permanent water for the 36,000-litre storage tank. Solar power also keeps the bills low.
~ GROWTH POTENTIAL ~
There are significant opportunities to grow this successful cottage accommodation business further. Council approval for 4 - 6 additional cottages is likely (four have been confirmed) allowing the opportunity to build the cottage type of your choice.
The property boasts over 30 avocado trees (Shephard & Hass) providing additional income from a roadside stall. A potential wedding venue with one cottage, making it ideal as a honeymoon location and many onsite locations suitable for stunning wedding photos.
~ CONSIDERATION ~
This stunning property is being offered with a quality website, booking system, advertising, licenses, forward bookings, etc. on a walk-in walk-out basis. A healthy inventory is included, as is a guest database.
Impressive figures have been steadily increasing. Sellers will ensure adequate training to ensure seamless changeover.
This property boasts Trip Advisor awards for 2014, 15, 16, 17, 18 with outstanding reviews and high guest return rate.
Figures are available upon inspecting the property and signing a Confidentiality Agreement.
This is a genuine lifestyle business requiring the owners to work part-time for a fantastic income. It allows you to run a complementary business from the property if you desire.
If you are after a lifestyle property with a generous income stream, assured capital growth and potential to expand, then this should definitely be on your must-see list!
Easy inspections, call Doug on 0418 761 404.
Last updated: 02:39PM on May 10th 2019