MOTEL FOR SALE - COOBA MOTEL, COOTRALANTRA NSW

$4,500,000

Location
Cooba Motel (Sport & Education Centre) is nestled in the hills and countryside of the New South Wales Snowy Mountains and is set on 70.18 hectares, only 700m from the main road. It is located 5kms before the quiet town of Berridale (Cooma side).

Key Features
- 173 Acres of Land,
- Outstanding Facilities,
- Proximity to Lake, Mountains & ACT,
- Future Potential for Growth,
- Excellent Return on Investment,
- Fully Managed Business,
- Best Sport & Education Facilities in the State.

Description
Cooba Motel (Cooba Sport & Education Centre) is presently operated as a motel and school outdoor pursuit facility. It is accredited through ORIC (Outdoor Recreation Industry Council) so all activities are checked and scrutinized by the accrediting authority.

Cooba is on town water and has its own sewerage / watering system in place, being one of the first to adopt recycled water for irrigation.

Cooba Motel is central to all the attractions in the Snowy Mountains and New South Wales Ski Resorts. The motel is a double brick complex with excellent facilities. There is no other area in Australia that offers the educational advantages of Canberra and the Snowy Mountains for school excursions.

Educational tours offered give the best options for the most enjoyment and value.

Revenue: 2018/19 $1,570,000; Adjusted Net: $708,784

The motel consists of:
- 27 Rooms – 20 x 2 Room Family Units and 10 Single Room Units (3 used for staff) (Approximately 160 to 170 beds),
- Fully Equipped Commercial Kitchen,
- Dining Area, Bar and Lounge Area,
- Entertainment Room with Disco and Movie Equipment,
- Pool Room,
- Large Separate Games Room with Table Tennis, Pool Tables, Video Machines, Air Hockey, Fuseball, etc.,
- Shop,
- Indoor Heated Pool,
- Sauna,
- Tennis Court,
- Commercial Laundry Facilities,
- Fully Equipped Office,
- Inflatable Jumping Pillow for Free Time Fun,
- Mini Putt Putt Course,
- BBQ Area,
- Guest Laundry,
- Linen Room,
- Oval (Fully Fenced),
- Walking Trails,
- Magnificent Views,
- Large 3 Bedroom + Office (or 4 Bedroom) Residence,
- Separate 2 Bedroom Cottage – with Handicapped Facilities,
- 2 Mobile Cabins,
- Horse Stables / Buggy Shed,
- Work Shed and Storage,
- Activity Equipment Shed,
- 2 Shipping Containers for Storage,
- Hay Shed and Stables,
- Numerous Sheds,
- Private Facilities for the Residence – Children’s Cubby House with Power, Practice Cricket Pitch and Nets, Large BBQ Area, Double Garage, Separate Shed.

Agent’s Comment
Fully managed business with heavy bookings two years in advance plus excellent yield on your money, you can’t do better. This is a fabulous business opportunity with genuine vendor. The vendor will assist in training all facets of the operation. There is strong potential for future growth with the introduction of the camping area and completion of the Paint Ball field.

Inspection of this outstanding opportunity is highly recommended.


MQ Property ID:
5295623


Facebook
To receive updates via your Facebook newsfeed please click here, or visit www.facebook.com/ManentiQuinlan and like our page.

Twitter
To follow us on Twitter please click here or visit www.twitter.com/ManentiQuinlan

LinkedIn
To connect on LinkedIn click here or visit http://www.linkedin.com/company/manenti-quinlan-&-associates