Nimbo Fork Lodge - SOLD

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Sold for 7,000,000 AUD Date of Sale: April 2022
Rooms: 12
Price Per Room: 583,333 AUD
Property Id : 32452
Land Size: 388,498 m2
Land Tenure: Freehold going concern

Nimbo Fork Lodge has been sold following an international Expression of Interest sale campaign conducted by HTL Property’s Andrew Jolliffe, Andrew Jackson and Nic Simarro.

The stunning experiential lodge, owned by Jats and Co’s Walsh and Heggaton families, has been purchased by local agricultural land holder Brendon Stoney.

The Lodge comprises of twelve luxury cottages and suites, a restaurant and reception building across ninety-six acres of premium rural land situated on a ridgetop with panoramic views of Tumut River and the surrounding farmlands.

Refurbished in 2021, the Property is currently run under management, thereby offering flexibility for an incoming purchaser to operate, introduce their own preferred operating structure; or potentially convert to alternative use (STCA).

Nimbo Fork Lodge is well-positioned to take advantage of the current surge in domestic tourism, however irrespective offers an established business with strong cash flow generation and high occupancy rates.

 

Andrew Jolliffe

Managing Director

Nic Simarro

Director - Accommodation

Andrew Jackson

National Director for Accomodation
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