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Townhouse
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for sale
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Toboggan Hill Park
Bobs Farm
· 26,000 m² · Townhouse
Bobs Farm · 26,000 m² · Townhouse
JLL Hotels & Hospitality Group presents for immediate sale Toboggan Hill Park in Nelson Bay NSW. The venue is a high cashflow business which is underpinned by freehold land, high-value tangible assets and outstanding historical trade figures. This iconic tourism asset is positioned within the blue-chip Port Stephens region which is destined to benefit from sustained visitor growth and development upside within a leading Australian coastal market. Key Investment Highlights: - Initial circa 17% yield YTD - Legacy opportunity sold by the original creators after 38 years of operations with increasing visitation and profitability year on year - Value underpinned by 2.6 hectares of prime underdeveloped freehold land plus 13.5-hectare Crown lease (secured to 2040) - Multiple future use options including accommodation, caravan park, childcare, and eco-tourism (STCA) within RE1 zoning - DA approval for installation of second toboggan run and enormous growth potential to drive revenue with addit
JLL Hotels & Hospitality Group presents for immediate sale Toboggan Hill Park in Nelson Bay NSW. The venue is a high cashflow business which is underpinned by freehold land, high-value tangible assets and outstanding historical trade figures. This iconic tourism asset is positioned within the blue-chip Port Stephens region which is destined to benefit from sustained visitor growth and development upside within a leading Australian coastal market. Key Investment Highlights: - Initial circa 17% yield YTD - Legacy opportunity sold by the original creators after 38 years of operations with increasing visitation and profitability year on year - Value underpinned by 2.6 hectares of prime underdeveloped freehold land plus 13.5-hectare Crown lease (secured to 2040) - Multiple future use options including accommodation, caravan park, childcare, and eco-tourism (STCA) within RE1 zoning - DA approval for installation of second toboggan run and enormous growth potential to drive revenue with addit
Request Details