Tourism Property are proud to offer for sale this unique freehold resort in the Wollongong region.
* UPDATE – Jamberoo Resort is now sold. You can read about it here
This renovated resort has unrivalled potential and will be sold well below asset replacement value.
Act now – you won’t find a value-add opportunity like this again.
Features
- 43 renovated motel rooms, including 2 x oversized bridal suites
- Renovated restaurant of approx. 350 square metres including ample outdoor space
- Six (6) conference rooms, plus the original restaurant and bar (currently closed)
- Enormous pool with new hardwood deck plus covered BBQ area
- Full sized floodlit tennis court, newly resurfaced
- Stunning gardens and grounds, including new wedding ceremony garden
- New playground, fitness circuit and climbing wall
- Private creek frontage to two boundaries, approx. 9 acres of land
- Large managers residence with 3+ bedrooms and office space
- Just 90 minutes easy drive south from Sydney
Opportunities like this are often sought and rarely found. A significantly under-performing business in a booming market – just waiting for a new operator to put the property back on the map.
We’ve been asked to ensure a discreet sale here – please make contact and we’ll share the detailed Information Memorandum with qualified buyers.
The vendors instructions are to ensure a discreet sale – all genuine enquiries are invited without delay.
Property Details
Originally opened in the 1960’s and expanded in the late 1970’s and 80’s, this property has a long history of providing memorable moments for generations of families throughout the state.
The 25 metre pool is a full 8 lanes wide and was built to assist the Australian Olympic swim team with their training in the 1970’s. The property is said to have been the very first venue in Australia to host an Oktoberfest event.
Many thousands of weddings have been held here over the decades.
With the closure and full renovation in 2013, the resort now enters a new era, ready to welcome back the corporate conferences, retreats, family, school and special interest groups and of course weddings. The resort offers genuine privacy and easy access to the burgeoning markets of Sydney, Wollongong and Nowra.
Direct airport access to Brisbane and Melbourne with Fly Corporate at the Shellharbour Airport – just 10 minutes from the front door of the resort.
The business has been partially re-established over the past three years, but a total lack of sales and marketing has kept the property an absolute secret. The existing turnover is solid and the potential is obvious and (we feel), easily achieved. There is enough revenue to run the property under management, or a lease, enabling a passive investment if required.
Act now, will be sold. Contact Matt Davidson at Tourism Property for confidential details.
More Information
If you are a registered buyer with Tourism Property, you can use your password to download the detailed Information Memorandum
To register as a buyer, click here.
Data Room
A comprehensive suite of documents will be made available for qualified purchasers in the data room.
You will need to return the confidentiality agreement in order to receive a data room user login.
Listing Agent
Matt Davidson
Director
Mobile: 0400 200 139
