Situated on 100 acres of riverside land at the very end of Pages River Road, Combadello Mountain Retreat currently offers luxury self contained accommodation in a three bedroom cottage. This accommodation has proven highly successful with occupancy rates well above the district average since opening in 2008.

Combadello Mountain retreat is the upper hunter valleys only true eco retreat and thereby has no competition. The location is unique in terms of its accessibility and its beauty, whilst giving guests the feeling of a remote eco escape. There is no through traffic and the property has only two neighbors – Towarri National Park on its southern boundary and one private owner on the other boundaries. The property is situated approx 10km from Murrurundi on the New England Highway a major arterial route for the tourism market.

The opportunity to dramatically increase the tourism accommodation options on Combadello have been explored in depth with a feasibility study into what options are most suitable. Currently before council is an application to operate the riverside paddocks as camping round and (STCA) it is this eco friendly option that has massive potential for any future owner. Eco focused camping grounds are a highly sought after destinations in the Caravan and Camping industry, an industry that is the only growing tourism sector in Australia both domestically and Internationally.

Whilst occupancy of such grounds could be expected to be above average, expected returns based on the year round industry averages of 57% would be in the order of 9% pa (Not
including Cottage revenues if not used as a manager’s residence) or $1,400.00 per Acre. Maximum return at a perfect 100% occupancy would be in the order of 16% or $2,400 per acre.

Combadello represent a great opportunity for a tree change with income or as an addition to an existing eco -tourism group.

Further eco tourism accommodation options may be available to a future operator beyond the existing Cottage and proposed camping grounds STCA.

The reluctant vendors are pursuing interstate opportunities that would prevent them developing Combadello to its full potential, however they are continuing the DA process with council until such time as the property is sold.

For further information please contact the exclusive selling agents Ray White Scone on 02 6545 2611, or visit www.sconerealestate.com.au