JLL Hotels & Hospitality Group in conjunction with One Agency are thrilled to offer for sale the freehold going concern interest in the Snowy Mountains Travellers Rest, Pine Valley NSW.
The sale is a unique opportunity to acquire an iconic hospitality venue in the Snowy Mountains of NSW. Enjoying excellent highway exposure, the Travellers Rest is rich with history and is positioned 6km to the south-west of Cooma directly on the Snowy Mountains Highway.
The venue is being sold on behalf of husband-and-wife team, David and Angie Crawford, who have reinvigorated the venue with significant capital upgrades. An inspection of the property is a must, with the venue containing several buildings on a 1.16 Ha site.
The Travellers Rest has the potential to enjoy several income streams, including a fully licensed restaurant, modern back of house facilities and fully refurbished whiskey bar. The is also an on-site chapel, large function room and ‘bridal suite’. Accompanying the food and beverage components is an accommodation offering, with a modern 5-bedroom building providing suitors the option to enjoy accommodation revenue or to live on-site.
Viewing the buoyed hospitality market as an opportune time to sell, the Crawfords believe the venue is ready to be transferred to new owners in order to fulfill its entire potential. The Crawfords have engaged JLL Hotels & Hospitality brokers Greg Jeloudev and Nick Roche, along with One Agency’s Craig Schofield to offer the venue for sale via an Expressions of Interest campaign.
Mr Jeloudev notes, “The Snowy Mountains Travellers Rest is a fantastic opportunity to capitalise on the existing infrastructure to create a niche hospitality venue. This could be in the form of a dedicated wedding venue or focused food and beverage operation. The possibilities are plenty, with the property having several buildings on the site. An inspection will not disappoint.”
Pine Valley is positioned a short 5-minute drive south-west from Cooma. The location is truly picturesque and enjoys snow cover during the winter months.
The freehold going concern interest in the Snowy Mountain Travellers Rest is being offered for sale via Expressions of Interest closing Thursday 7 July at 4pm (AEST) unless sold prior.
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.