It is our great pleasure to bring to market this once in a lifetime opportunity to purchase a unique lifestyle property and business opportunity to establish a multi functional tourism business in the rapidly expanding tourism sector in the Adelaide Hills.

Set in the beautiful Adelaide Hills, “Grassington” offers investors the opportunity to purchase a 31 acre rural property which :

1. abuts the Woodside township – from the front gate of the property it is 100 metres to the main road of the township,
2. has an impressive sandstone homestead with a large return veranda and views overlooking the property and surrounding areas,
3. has fantastic existing infrastructure including a 6000 square foot concrete floored shed with the potential to develop into a brewery/distillery/caf̩/restaurant/wedding venue Рsimilar to a Lot 100 Nairne type concept Рsubject to all necessary consents, and
4. has development approval for 4 luxury one bedroom cabins which when built will be used as tourism accommodation for the rapidly growing tourist market in the Adelaide Hills.

Within a short walking distance of the “Grassington” property is the lovely rural town of Woodside with its renowned cafes, bakeries and local pubs. Within a 15 minute walk of the property are a number of world class tourism and winery experiences including Melbas Chocolate Factory, Woodside Cheese Wrights, the Barristers Block and Golding Wineries.
This 31 acre property has recently been fenced into 8 very easily managed paddocks currently housing cattle, sheep, and goats and would also suit many equestrian related activities. The property is picturesque and has both huge gum trees and a variety of well established European trees which provide fantastic colour combinations throughout the year.

A significant amount of work has already been completed on this development to make it “shovel ready” for any new purchaser including;
1. full surveying of the area of development,
2. a waste water engineer report for the development,
3. a storm water report for the area around the development,
4. a CFS report on the development, and
5. full costings for the civil, plumbing, septic, electrical, fire tank, building and landscaping.
This business proposal is forecast to :
1. generate significant annual net income (after all direct costs) of in excess of $400,000 per annum (based on a 4 night per week occupancy rate),
2. a net return of a minimum of 10% per annum (with further significant upside possible). Please refer to the scenarios provided in the brochure pack.
This property and business is being offered at a very competitive price, and provides the discerning buyer a low risk way to establish a new business or expand their existing business in the beautiful Adelaide Hills.

“Grassington” at a glance :

Property
? 31.5 acres next to Woodside township
? Onkaparinga River meandering through the property
? Property recently fenced into 8 easily managed paddocks
Homestead
? Large circa 1930 sandstone return verandah homestead
? 4 large bedrooms, lounge, kitchen, dining, office and storage rooms
? Beautiful leadlight windows throughout
Improvements
? Massive 6,000 square feet multi-purpose concrete floored shed
? 2 external solid brick versatile rooms/workshops
? 3 phase power to the property
? Cattle yards and crush
Water Improvements
? Mains water to the property
? 60,000 litre rainwater tank off of main shed
? Unequipped bore
Business Opportunity
? Development approval for 4 one bedroom luxury tourist cabins
? Forecast annual net income of in excess of $400,000 per annum (after direct costs)
? Forecast annual net rate of return of 10% (with further upside possible)
? Potential to develop the large shed into brewery/distillery/caf̩/restaurant/wedding venue РLot 100 Nairne type concept Рsubject to all necessary consents

Inspection by appointment.

Please contact Chris Weston on 0419816302 to discuss this exciting opportunity and to request a copy of the in depth information brochures that are available regarding this lifestyle property and business opportunity.