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Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

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Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

Nelson Bay

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Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315
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Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

Nelson Bay

Enquire now
Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

Properties / Buy / New South Wales / Nelson Bay
Development Potential
Property Type
Commercial
Sub Type
Hotel Sites
Land Area
26,000 m² (*approx)
LGA
Port Stephens Council
Selling Method
FOR IMMEDIATE SALE: $6,000,000
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Toboggan Hill Park
  • A celebrated tourism icon
  • 2.6 hectares of prime freehold land
  • Highly profitable business

JLL Hotels & Hospitality Group presents for immediate sale Toboggan Hill Park in Nelson Bay NSW. The venue is a high cashflow business which is underpinned by freehold land, high-value tangible assets and outstanding historical trade figures.

This iconic tourism asset is positioned within the blue-chip Port Stephens region which is destined to benefit from sustained visitor growth and development upside within a leading Australian coastal market.

Key Investment Highlights:

  • Initial circa 17% yield YTD
  • Legacy opportunity sold by the original creators after 38 years of operations with increasing visitation and profitability year on year
  • Value underpinned by 2.6 hectares of prime underdeveloped freehold land plus 13.5-hectare Crown lease (secured to 2040)
  • Multiple future use options including accommodation, caravan park, childcare, and eco-tourism  (STCA) within RE1 zoning
  • DA approval for installation of second toboggan run and enormous growth potential to drive revenue with additional attractions
  • Future enhancement from neighbouring 'Tomaree Sports Complex Master Plan' – a major council investment Blue-Chip Tourism Location
  • Regional drawcard in high demand Port Stephens location: 1.72 million annual visitors, central to the $5.0 billion Port Stephens economy
  • Large carpark availability to accommodate significant expansion

Toboggan Hill Park is available FOR IMMEDIATE SALE.

For further information, please contact the exclusive appointed JLL agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

16 Aquatic Close Development Site Summary

Property Type
Commercial
Sub-type
Hotel Sites
Land Area
26,000 m² (*approx)
LGA
Port Stephens Council
Selling method
FOR IMMEDIATE SALE: $6,000,000

Development Site Highlights

Toboggan Hill Park
  • A celebrated tourism icon
  • 2.6 hectares of prime freehold land
  • Highly profitable business

JLL Hotels & Hospitality Group presents for immediate sale Toboggan Hill Park in Nelson Bay NSW. The venue is a high cashflow business which is underpinned by freehold land, high-value tangible assets and outstanding historical trade figures.

This iconic tourism asset is positioned within the blue-chip Port Stephens region which is destined to benefit from sustained visitor growth and development upside within a leading Australian coastal market.

Key Investment Highlights:

  • Initial circa 17% yield YTD
  • Legacy opportunity sold by the original creators after 38 years of operations with increasing visitation and profitability year on year
  • Value underpinned by 2.6 hectares of prime underdeveloped freehold land plus 13.5-hectare Crown lease (secured to 2040)
  • Multiple future use options including accommodation, caravan park, childcare, and eco-tourism  (STCA) within RE1 zoning
  • DA approval for installation of second toboggan run and enormous growth potential to drive revenue with additional attractions
  • Future enhancement from neighbouring 'Tomaree Sports Complex Master Plan' – a major council investment Blue-Chip Tourism Location
  • Regional drawcard in high demand Port Stephens location: 1.72 million annual visitors, central to the $5.0 billion Port Stephens economy
  • Large carpark availability to accommodate significant expansion

Toboggan Hill Park is available FOR IMMEDIATE SALE.

For further information, please contact the exclusive appointed JLL agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Greg Jeloudev
Greg Jeloudev
+61 *** *** *** show +61 401 670 053
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+61 401 670 053 [email protected] Message
Tim Mayoh
Tim Mayoh
+61 *** *** *** show +61 419 038 882
Message Message
+61 419 038 882 [email protected] Message
Greg Jeloudev
Greg Jeloudev
+61 *** *** *** show +61 401 670 053
Message Message
+61 401 670 053 [email protected] Message
Tim Mayoh
Tim Mayoh
+61 *** *** *** show +61 419 038 882
Message Message
+61 419 038 882 [email protected] Message

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Property Location of Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315

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Toboggan Hill Park, Nelson Bay, 16 Aquatic Close, Nelson Bay, NSW 2315 Nelson Bay
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JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
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Greg Jeloudev
Greg Jeloudev
+61 *** *** *** show +61 401 670 053
Tim Mayoh
Tim Mayoh
+61 *** *** *** show +61 419 038 882
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