The Odd Frog – Luxury Accommodation Property Over 10 Acres - Bright, Vic
Business Sold 19 / BS151488 McFadyens Lane, Mount Buffalo, Victoria 3740
Business Category Bed and Breakfast Resort
SOLD
Description
The Odd Frog – Luxury Accommodation Property Over 10 Acres - Bright, Vic
5 architecturally designed studio suites each with modern facilities. Total generated income 2022 of $290,000 with profit to working owner of $178,000.
This luxury eco-friendly accommodation consists of 5 architecturally designed suites that are self-contained with modern amenities including Solar Hot Water, reverse cycle air conditioning, BBQ, Telescope and wood heating.
The Odd Frog, set amongst 10.235 acres of native bushland, located just 1 km from the main town centre of Bright, on the Great Alpine Road, a popular tourist spot in the northeast high country of Victoria.
The property is connected to numerous walking and cycling tracks throughout the bushland. Each villa offers fabulous views, while the interiors are tastefully designed. A short stroll into town provides easy access to shops, cafes and restaurants.
The owners employ an offsite caretaker to look after the day-to-day running of the business with minimal supervision.
-Excellent occupancy rates
-Five Luxury self-contained accommodations with spectacular views for those who appreciate privacy and exceptional service
-Only one of a very few top-end properties with closest access to the town centre
-Large landholding over 10 acres
-Excellent online presence with an exclusive website, social media and third-party websites as well as locally operated tourism websites
-Demonstrated profitable trading history
-Currently under full management
-Strengthened market for good quality regional tourist development
-Current planning permit allows for the construction of a manager’s dwelling
-Opportunity to further develop to provide even better returns
The current owner is ready to provide all necessary handover training to the new owner/s for a negotiated period of time as required.
This business will be suitable for an entry-level owner operator, or alternatively an investor who will continue to pay an operator to manage the day-to-day business operations.
Asking Price: $2,000,000 includes land and buildings
Property Code: 2937
This luxury eco-friendly accommodation consists of 5 architecturally designed suites that are self-contained with modern amenities including Solar Hot Water, reverse cycle air conditioning, BBQ, Telescope and wood heating.
The Odd Frog, set amongst 10.235 acres of native bushland, located just 1 km from the main town centre of Bright, on the Great Alpine Road, a popular tourist spot in the northeast high country of Victoria.
The property is connected to numerous walking and cycling tracks throughout the bushland. Each villa offers fabulous views, while the interiors are tastefully designed. A short stroll into town provides easy access to shops, cafes and restaurants.
The owners employ an offsite caretaker to look after the day-to-day running of the business with minimal supervision.
-Excellent occupancy rates
-Five Luxury self-contained accommodations with spectacular views for those who appreciate privacy and exceptional service
-Only one of a very few top-end properties with closest access to the town centre
-Large landholding over 10 acres
-Excellent online presence with an exclusive website, social media and third-party websites as well as locally operated tourism websites
-Demonstrated profitable trading history
-Currently under full management
-Strengthened market for good quality regional tourist development
-Current planning permit allows for the construction of a manager’s dwelling
-Opportunity to further develop to provide even better returns
The current owner is ready to provide all necessary handover training to the new owner/s for a negotiated period of time as required.
This business will be suitable for an entry-level owner operator, or alternatively an investor who will continue to pay an operator to manage the day-to-day business operations.
Asking Price: $2,000,000 includes land and buildings
Property Code: 2937
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
