Lookout Mountain Retreat

Key investment highlights include:

• Rare boutique hotel offering located on the popular Mid-North Coast of NSW
• 26 well-appointed rooms, all offering their own unique landscape and panoramic views
• Substantial 6.32 ha elevated landholding with flexible RU2 Rural Landscape Zoning
• Strategically positioned midway to Sydney and Brisbane, within 1hrs drive to Coffs Harbour
• Ideal for adventurous tourists, romantic escapes, animal enthusiasts and Sydney-Brisbane stopovers
• Unique Dorrigo Mountain positioning surrounded by valleys, waterfalls, native bush and rock formations
• FYE 2021 Gross Profit of $1.11 million and Net Operating Income of $508k
• Opportunity to owner-operate or introduce new management
• Value-add potential via repositioning the accommodation profile to a luxury, high-end product
• Potential to expand business operations via event facilities, accommodation development, tours/guides and more
• Capitalise on the resurging tourism market buoyed by pent-up demand for travel and increased household savings