284 Western Avenue, Montville, QLD 4560

Other 10
Sold Price Not Disclosed (05 Jun 2019)
Montville Guest House Cottages (B&B) Business & Award Winning Residence
There is no better setting for a Lifestyle Accommodation Property. With mesmerising views over Lake Baroon, an award winning main residence, 4 bespoke cottages and consistent business figures. Set on an idylic 19 acres, 'Misty View Cottages' is absolutely unique and offers incredible views and luxury accommodation like no other in the Sunshine Coast Hinterland.

Cottage Accommodation (4 Cottages)

There are three luxurious Lakeview Spa Cottages and a breath-taking Balinese Cottage - with heated plunge pool, providing a serious consistent income. Each Cottage is very private with spa bath, fireplace, kitchenette, carport and individual styling; all with lake views assuring high guest return rates.

Main Home

The stunning 2015, award winning home has been designed with a dedicated Reception and commercial laundry integrated into the business end of the home.
The main residence takes full advantage of the views - with an indoor/outdoor entertaining deck/cinema room with hideaway stacker doors and automatic shade screen. A large 'food licence approved' kitchen with walk-in pantry. The main bedroom has a stunning ensuite with sunken spa bath with views and underfloor heating. There are 3 more rooms and modern main bathroom. The log fireplace takes centre stage in the lounge opposite the dining room.

Property

The property has been designed to be as low maintenance as possible, combining natural Rainforest areas, with easy care landscaped gardens, winding bitumen roads to the cottages, fenced horse paddock and arena. There is a huge storage shed for property maintenance and comes with a John Deere 4wd ride-on mower and Stihl garden equipment. There is a back-up generator in the event of power outage. Water supply consists of a full flow bore, ensuring permanent water for the 36,000 litre storage tank. In addition the property comes with 2 work vehicles; (cleaning van and check-in car). Solar power also supports the property, keeping power bills low.

Potential for Growth

Being set on a 19 acre property there are significant opportunities to further grow the successful Misty View Cottages business. Council approval for 4 - 6 additional cottages is likely (4 has been confirmed) giving the opportunity to build the cottage type of your choice. The property boasts over 30 Avocado trees (Shephard & Hass) giving additional income if Avocadoes were to be sold out front of the property. A potential wedding venue with one cottage in particular being ideal as a honeymoon location and many onsite locations suitable for stunning wedding photos.

Consideration

Montville Misty View Cottages is being offered with website, advertising, operational equipment, forward bookings etc. all in place on a walk-in walk-out basis. A healthy inventory is also included, as is guest database. Impressive profit figures have been steadily increasing. There is a quality website and booking system and the sellers will ensure adequate training to ensure seamless change over.

This property boasts TripAdvisor awards for 2014, 15, 16, 17 and has exceptional reviews and an enviable guest return rate.

If you are after a lifestyle property with generous income stream, assured capital growth and potential to expand, then this should definitely be on the must see list! Misty View Cottages really is a 'Lifestyle' business and is efficiently run, requiring part time work only from the owners. This then offers the ability to run a secondary work from home business from the property, as the current owners did, or to increase the occupancy for greater profitability.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Keylaw provides residential conveyancing services in Queensland. Please call Sam on 0457 106 910 or email contracts@keylaw.com.au.

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