434 Barrington East Road, GLOUCESTER NSW 2422
Sold
L17000299
Sold

Property Details

Beds: 10 Baths: 9 Parking: 3 Size: 10 ha

Description

This property is currently not available.

– A rural lifestyle and business rolled into one
– Prime Barrington River real estate with excellent infrastructure
– A tourism business set on a growth trajectory
– DA approval for 2 more cottages, function centre and riverside camping
– Strong revenue earner
– Substantial 4BR home close to town
– Gloucester is a thriving country town with excellent services and infrastructure

Barrington Riverside Cottages is an extremely successful & highly regarded tourism operation, offering an extraordinary opportunity to break into the lucrative eco-tourism market in a highly desirable location, less than 3 hours from Sydney!

Perched on the banks of the beautiful Barrington River and nestled on 25 acres of lush green countryside, this spectacular lifestyle property will appeal to buyers looking for the ultimate tree – change with excellent business returns and significant further earning potential.

Barrington Riverside Cottages has proudly earned its place as the number one choice for holiday accommodation in the popular Gloucester tourist region, consistently boasting a 9.5 (or better) rating on booking.com with many repeat and forward group bookings, excellent occupancy rates and exceptional guest reviews.

The current owners have made extensive improvements and upgrades to the property and business. They have also implemented systems that have increased exposure, added long-term value and greatly increased profitability. The financial results are proven.
The foundation of the business has been the three luxury, 2 bedroom/2 bathroom self-contained cottages that can accommodate up to six people. Each beautifully appointed cottage has an open plan kitchen/living room that opens onto its own large, private balcony, perched overlooking the Barrington River…which is virtually on the doorstep.

A fabulous communal outdoor kitchen, meals and firepit area provides the ideal place for guests to relax with friends and family. It includes a fully equipped kitchen, BBQ and table seating for approximately 20 people.

The main residence has been tastefully updated and offers four generous bedrooms. Some of the many features of the home include:
• Country-style kitchen with quality appliances
• Huge light filled living & dining area with slow combustion wood fire
• Enormous covered entertaining area
• Office at the front to welcome guests
• Mezzanine over the kitchen used as kids retreat
• 3 bay garage with three electric roller doors

There are opportunities for the new owners to further increase the already impressive bottom line:
1. A brand new cottage, ‘Melani’, has just been introduced to the mix (March 2022). It is a high-end, luxury one bedroom cottage, perfect for couples looking for that special weekend away. It is privately situated, set back from the other buildings, and has its own beautifully landscaped outdoor area with firepit. This cottage will bring significant additional earnings as well as increased capacity.
2. There is also DA approval for 2 more cottages, a function centre and riverside camping
3. The main residence could also combine to form part of the overall accommodation offer catering for up to four couples.

To enhance the rural experience, the current owners offer interactive farm tours where guests can get up close to the fam animals including Alpacas, very friendly goats and chickens. These are always a huge hit with the kids who love helping collect the eggs.

The property has an exceptional 600m frontage to the Barrington River with one of the district’s best swimming holes, a grassy picnic area and riverside walking tracks. Water security is assured from 154,000 litres of stored water, plus a 40-meg water licence allowing access from river. The infrastructure at the property is excellent and includes:

• 8 paddocks fully fenced paddocks – 7 with gravity-fed water troughs
• 1 large, permanent dam
• Round yard with crush and race
• Stables, huts and pens for animals
• Stairs to the riverside swimming and picnic area
• 2WD vehicular access to the river
• Power is positioned and available for future expansion (function centre)
• Tractor/storage shed

Barrington Riverside Cottages is being offered for sale on a walk-in/walk-out basis with full inventory, excellent forward bookings and all the systems needed for a seamless handover.

Rarely do opportunities of this calibre come to the market.
Lifestyle, Location, Infrastructure & Income.

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Location

Agent

Gary Ferris
Sales Consultant | Licensee P. 0265581507 M. 0427581507