Internal Ref: 1P6491
Summary
OWN A PIECE OF SNOWY MOUNTAINS HISTORY Discover the legacy of luxury in the heart of the Snowy Mountains, nestled high above the picturesque village of Khancoban NSW, Queen's Cottage stands as an ...
Location Details
Pendergast Street
About the Business
OWN A PIECE OF SNOWY MOUNTAINS HISTORY
Discover the legacy of luxury in the heart of the Snowy Mountains, nestled high above the picturesque village of Khancoban NSW, Queen's Cottage stands as an iconic freehold going concern. A thriving accommodation business built in 1961 by the Snowy Mountains Authority, it has hosted visiting dignitaries and once welcomed Her Majesty Queen Elizabeth II, the Duke of Edinburgh, Princess Anne, Governors General and Government Ministers.
This premier accommodation portfolio is a diverse line up of 7 high quality units ready for immediate occupation, plus 2 x two bedroom cabins (sleeping up to 6 guests), together with a luxurious owners residence on a large 5.5 acre (approx.) parcel of land that is ripe for further sub-division into eight allotments ranging in size from 1,045m2 – 6,460m2 (stca).
The accommodation units comprise five x 4-star studio apartments with breath taking views; two x 3.5-star studio apartments and two x self-contained two-bedroom cabins, perfect for large groups. Clients enjoy a large guest lounge, dining room and kitchen, perfect for conferences, functions and events and it provides a perfect opportunity for a restaurateur seeking to add food to the accommodation offering. The property also benefits from a 62 panel solar system and the guests have full use of the solar heated salt water swim spa. The luxurious two bedroom owners residence with large picture windows overlooking the stunning autumn vista, boasts a flexible floor plan layout ideal for an extended family stay or conversion to additional guest stay accommodation thereby increasing the room count and revenue potential.
The three separate residential properties situated in the town proper are ideal for worker/traveller/larger group accommodation either short term or longer stay and have been used in this capacity in recent years. They generate excellent cash flow and can be purchased as part of the Queens Cottage sale.
This accommodation portfolio opportunity is available to be purchased in one line or separately, with the three residential properties individually priced at market rates in addition to the asking price for the main property.
Khancoban is the gateway to world class outdoor adventures – skiing, hiking, fishing and boating in the Snowy Mountains region. Whether for lifestyle or business this opportunity is not to be missed!
*Sale may include a separate lease entitlement to an aeroplane hanger currently held by the vendor, subject to approval.
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