Pinned 8 years ago

   

$ 1,589,000.00 10 Elmswood Ct Bundanoon NSW 2578 $1,589,000 Bundanoon Lodge The Offer On offer for sale is the freehold of a purpose-built guest lodge and its well-established Bed and Breakfast business. The sale is inclusive of forward bookings, the website, the business name and the furnishings of the five themed guest rooms along with some of the main house content.  The Property The property is located a short distance from the centre of the beautiful Southern Highlands village of Bundanoon, known as the northern gateway to Morton National Park. The improvements consist of a two-level guest lodge with an attractive porte-cochere, extensive covered balconies and outdoor decking and a stand- alone 3 roller-door garage/workshop of substantial size, all on manicured grounds of approx. 1.5 acres (6242 sq. m) that are accessed via a charming tree-lined long driveway. The house benefited from major renovations and upgrades since 2011 and is now in excellent condition internally and externally with ducted heating throughout. It is designed to provide privacy to guests and owners with a separate guest accommodation wing that is accessed from an impressive and welcoming entry foyer with a large stone fire place and a library. The guest wing comprises of five themed and spacious guestrooms, all with kitchenette and ensuite bathrooms (two with spa baths). Each of the tastefully decorated rooms has direct access to the East facing balcony that overlooks the front garden. The covered balcony provides the guests private access to their comfortable guestroom as well as a very pleasant outdoor seating area. The rooms are well equipped with flat screen TVs, DVDs and CD players, microwave, mini-fridges and sitting areas.  The main part of the house comprises of a large lounge area with a cosy fire place and a dining area that opens up to covered outdoor decking, a bright and airy rumpus room, and an open plan modern kitchen with adjacent breakfast area that opens up to a delightful outside patio. There is also a sizable study/office, a nice bathroom, a laundry and a small size bedroom with backyard access (currently used for family guests).  Upstairs there is an owners or manager’s private retreat with a spacious lounge room, a modern bathroom, an open plan kitchen and dining with family living and a big master bedroom with ensuite and walk-in robe. There is access from every room to a long balcony that provides wonderful views of the surrounding areas and a lovely spot for morning or afternoon tea with family and friends (the human or feathered kind). There are plenty of storage cupboards throughout the house and ample attic storage.  Note that the property is connected to town water, sewerage and gas and has good internet reception. The Business Bundanoon Lodge enjoys repeat business and a great reputation for high quality accommodation. It won a number of awards including the best property in the Southern Highland from TriVaGo in 2014 and a multitude of Certificates of Excellence from TripAdvisor. It is currently in the number one position for BnBs in Bundanoon based on overwhelmingly excellent reviews from past guests across the web. The lodge is rated 4 stars and is currently positioned as a comfortable, well-appointed and pet-friendly lodge with parking, Wi-Fi and breakfast included in the nightly rate (we note however that the rooms are self-contained). The available guest-rooms cater for couples, small families or groups of friends with the availability of various bedding configuration options in most rooms allowing up to 25 guests at any one time. Nightly rates for two guests range from $125-$170 mid-week to $190-$250 on weekends producing a healthy turnover in FY 2014/2015 of approx. $132k per annum ex GST.  The Location The charming country village of Bundanoon is situated in the Southern Highlands about half way between Sydney and Canberra and about an hour from Wollongong. It is an easy drive (under 1.5 hrs) south from Sydney on the Hume Highway (F5), just past Bowral and Mittagong near the villages of Sutton Forrest and Exeter. It is also located on the main south train line connecting Bundanoon with Moss Vale, Campbelltown and Sydney Central as well as Goulburn, Canberra and Griffith.  Bundy, as it is called by the locals, has retained its old world charm and connection with the natural beauty of the surrounding national park. Popular since the 1920s as a tourist destination, the village has fine old guesthouses, an excellent health retreat, cafes and antique dealers. It also has an active community and popular annual events such as Brigadoon, the Scottish themed event that attracts more than 10,000 visitors every April, the Bundanoon Garden Ramble held in October and the CamelBak Highland Fling, Australia’s largest mountain biking event.  The village sits at the edge of the great Morton National Park, one of NSW’s largest parks (162,000 ha). The park is a year round drawcard and features rugged sandstone cliffs; sandstone grottos (including the famous Glow-Worm Glen) deep, well-forested valleys; impressive waterfalls and several rivers. There are over 14 different walks for all levels, from easy to very challenging, and numerous cycling routes for visitors to enjoy fresh air, a diversity of flora and fauna and abundant wildlife.  The local amenities include five clubs, a post office, a swimming pool and 4 churches of different denominations. There are also 9 parks, a primary school, a chemist, a medical centre, a news agency and several shops and cafes.  Agent’s Opinion: Starting with a tree-lined driveway, this lodge is impressive. It is located in a quiet area close to town and the train station, in a lush garden environment with mature trees that display a wonderful rainbow of colours throughout the seasons. The attractive house has a perfect aspect with sunlight bathing the spacious rooms across the day. The interior is contemporary and well laid-out. There is a number of relaxing outdoor seating areas with surrounding views completing the experience of bliss and comfort. The BnB business is well established with 5 years of successful track record. It is easy to run and offers a great lifestyle with substantial income. Whilst the occupancy rate is healthy in the range of 40% to 50% per annum, there is room for growth with additional marketing initiatives that include more savvy online strategies.  This great opportunity would suit a couple looking to enjoy a more relaxed country lifestyle in a friendly community located in a safe and beautiful environment, a short and easy drive from major towns and cities without sacrificing income. Price $1,589,000 Title Freehold State NSW Region Sydney Suburb Bundanoon Postcode 2578 Property Type Hosted Accommodation Operating Status Going Concern

10 Elmswood Ct Bundanoon NSW 2578


$1,589,000

Bundanoon Lodge

The Offer

On offer for sale is the freehold of a purpose-built guest lodge and its well-established Bed and Breakfast business. The sale is inclusive of forward bookings, the website, the business name and the furnishings of the five themed guest rooms along with some of the main house content. 

The Property

The property is located a short distance from the centre of the beautiful Southern Highlands village of Bundanoon, known as the northern gateway to Morton National Park.

The improvements consist of a two-level guest lodge with an attractive porte-cochere, extensive covered balconies and outdoor decking and a stand- alone 3 roller-door garage/workshop of substantial size, all on manicured grounds of approx. 1.5 acres (6242 sq. m) that are accessed via a charming tree-lined long driveway.

The house benefited from major renovations and upgrades since 2011 and is now in excellent condition internally and externally with ducted heating throughout. It is designed to provide privacy to guests and owners with a separate guest accommodation wing that is accessed from an impressive and welcoming entry foyer with a large stone fire place and a library.
The guest wing comprises of five themed and spacious guestrooms, all with kitchenette and ensuite bathrooms (two with spa baths). Each of the tastefully decorated rooms has direct access to the East facing balcony that overlooks the front garden. The covered balcony provides the guests private access to their comfortable guestroom as well as a very pleasant outdoor seating area. The rooms are well equipped with flat screen TVs, DVDs and CD players, microwave, mini-fridges and sitting areas. 

The main part of the house comprises of a large lounge area with a cosy fire place and a dining area that opens up to covered outdoor decking, a bright and airy rumpus room, and an open plan modern kitchen with adjacent breakfast area that opens up to a delightful outside patio. There is also a sizable study/office, a nice bathroom, a laundry and a small size bedroom with backyard access (currently used for family guests). 

Upstairs there is an owners or manager’s private retreat with a spacious lounge room, a modern bathroom, an open plan kitchen and dining with family living and a big master bedroom with ensuite and walk-in robe. There is access from every room to a long balcony that provides wonderful views of the surrounding areas and a lovely spot for morning or afternoon tea with family and friends (the human or feathered kind). There are plenty of storage cupboards throughout the house and ample attic storage. 
Note that the property is connected to town water, sewerage and gas and has good internet reception.

The Business

Bundanoon Lodge enjoys repeat business and a great reputation for high quality accommodation. It won a number of awards including the best property in the Southern Highland from TriVaGo in 2014 and a multitude of Certificates of Excellence from TripAdvisor. It is currently in the number one position for BnBs in Bundanoon based on overwhelmingly excellent reviews from past guests across the web. The lodge is rated 4 stars and is currently positioned as a comfortable, well-appointed and pet-friendly lodge with parking, Wi-Fi and breakfast included in the nightly rate (we note however that the rooms are self-contained). The available guest-rooms cater for couples, small families or groups of friends with the availability of various bedding configuration options in most rooms allowing up to 25 guests at any one time. Nightly rates for two guests range from $125-$170 mid-week to $190-$250 on weekends producing a healthy turnover in FY 2014/2015 of approx. $132k per annum ex GST. 

The Location

The charming country village of Bundanoon is situated in the Southern Highlands about half way between Sydney and Canberra and about an hour from Wollongong. It is an easy drive (under 1.5 hrs) south from Sydney on the Hume Highway (F5), just past Bowral and Mittagong near the villages of Sutton Forrest and Exeter. It is also located on the main south train line connecting Bundanoon with Moss Vale, Campbelltown and Sydney Central as well as Goulburn, Canberra and Griffith. 
Bundy, as it is called by the locals, has retained its old world charm and connection with the natural beauty of the surrounding national park. Popular since the 1920s as a tourist destination, the village has fine old guesthouses, an excellent health retreat, cafes and antique dealers. It also has an active community and popular annual events such as Brigadoon, the Scottish themed event that attracts more than 10,000 visitors every April, the Bundanoon Garden Ramble held in October and the CamelBak Highland Fling, Australia’s largest mountain biking event. 

The village sits at the edge of the great Morton National Park, one of NSW’s largest parks (162,000 ha). The park is a year round drawcard and features rugged sandstone cliffs; sandstone grottos (including the famous Glow-Worm Glen) deep, well-forested valleys; impressive waterfalls and several rivers. There are over 14 different walks for all levels, from easy to very challenging, and numerous cycling routes for visitors to enjoy fresh air, a diversity of flora and fauna and abundant wildlife. 

The local amenities include five clubs, a post office, a swimming pool and 4 churches of different denominations. There are also 9 parks, a primary school, a chemist, a medical centre, a news agency and several shops and cafes. 

Agent’s Opinion:

Starting with a tree-lined driveway, this lodge is impressive. It is located in a quiet area close to town and the train station, in a lush garden environment with mature trees that display a wonderful rainbow of colours throughout the seasons. The attractive house has a perfect aspect with sunlight bathing the spacious rooms across the day. The interior is contemporary and well laid-out. There is a number of relaxing outdoor seating areas with surrounding views completing the experience of bliss and comfort. The BnB business is well established with 5 years of successful track record. It is easy to run and offers a great lifestyle with substantial income. Whilst the occupancy rate is healthy in the range of 40% to 50% per annum, there is room for growth with additional marketing initiatives that include more savvy online strategies. 

This great opportunity would suit a couple looking to enjoy a more relaxed country lifestyle in a friendly community located in a safe and beautiful environment, a short and easy drive from major towns and cities without sacrificing income.

Price $1,589,000
Title Freehold
State NSW
Region Sydney
Suburb Bundanoon
Postcode 2578
Property Type Hosted Accommodation
Operating Status Going Concern

Scroll to Top