by Grantlee Kieza
09th February, 2021
Ultimate tree change on a magic mountain
It's the ultimate tree change in one of Australia’s favourite tourist destinations; a multi-award-winning specialty retreat that produces an annual income of more than $300,000 and which has a customer base of more than 3 million people within an hour’s drive.
That’s the magnificent Witches Falls Cottages at Mount Tamborine, in the sublime Gold Coast hinterland.
The mountain is one of the most visited day-trip destinations in Australia, attracting some 1.3 million visitors, annually.
The property is just across the road from Witches Falls National Park, which was gazetted in 1908, making it Queensland's first national park and one of the oldest national parks in the world.
As well, the property is within walking distance to three wineries and some lovely restaurants and bars. A gorgeous sunset lookout is just 200 metres away.
All the cottages have a double spa, a fireplace for the cold winter months and a private outdoor space with covered BBQ area.
It is an idyllic location for romantic getaways and short breaks with the mountain just half an hour’s drive from the Gold Coast and an hour from Brisbane.
The property is on sale for $2,695,000 and last year returned a net profit of $335,755.
Greg James, from ResortBrokers, said the return was “probably going to be even better this year”.
“This business has proven itself to be very solid with a very good financial history and the figures are solid right through the past 10 years,” Mr James said.
“This consistency has allowed the business to prosper and it has some of the best forward bookings that I've seen in the accommodation business.
“If you're looking for a tree change and you want to end the commute then this property offers a wonderful opportunity for a business that is not only profitable but allows you a wonderful lifestyle that you can mix with your business as well.
“It is a great chance to capitalise on what is actually a phenomenal internal tourism boom since the COVID pandemic started.
“Mount Tamborine is absolutely flying at the moment and it doesn't look like slowing down anytime soon.”
Witches Falls Cottages has a 4.5 star rating with AAA and is rated No.1 on TripAdvisor from 21 specialty lodging properties in Tamborine Mountain.
The lush green rural countryside of Mount Tamborine is dotted with a variety of crops such as avocado and kiwi fruit orchards, rhubarb and its own coffee plantation.
The mountain also has its very own renowned Botanical Gardens and is home to many fine ``open’’ gardens which are showcased every year in the “Springtime on the Mountain Festival – Open Gardens Trail”.
Find Witches Falls Cottage sale details here: https://bit.ly/3jutB2S