OFF MARKET

1381 Waterfall Way
Bellingen NSW 2454

Bedrooms: 11
Bathrooms: 15
Car spaces: 4
Land area: 61870m2
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Property Details for 1381 Waterfall Way, Bellingen

1381 Waterfall Way, Bellingen is a 11 bedroom, 15 bathroom House with 4 parking spaces. The property has a land size of 61870m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Land Size
61870m2
Local Government
Bellingen
Lot/Plan
22/DP717135

Last Listing description (May 2018)

28 refurbished rooms plus managers residence with potential to expand!

Your new life awaits you at the Bellingen Valley Lodge. Manage the property yourself or keep the current manager to run this profitable tourism destination for you.


Situated on 16 acres of country pasture the Lodge offers serenity whilst being close to town and presents guests with magnificent views of the Bellingen Valley and Dorrigo ranges.

The 28 accommodation suites, all with stunning views, consist of Superior Rooms, Superior Suites, Valley Suites and Family Rooms. The various suites can accommodate from a single adult to the large family with side by side accommodation available for the extra large family or group. The rooms are all spacious, clean and very well presented.

All 28 rooms provide conveniences - refrigerators plus free Wi-Fi and balconies or patios. LCD TVs, room service, and hair dryers are among the other amenities available to guests.

There is potential to further develop the property into a full resort operation by the addition of another 7 Superior Rooms.

Located behind the reception area is a comfortable 3 bedroom, 1 bathroom manager's residence. Car parking is adjacent to each accommodation unit, surrounded by stunning mountain vistas over the Bellinger River and toward Dorrigo National Park.

This is a quality prestigious property, considered Bellingen's leading accommodation and conference facility. The property has a stunning 85 seat licensed restaurant with a newly completed alfresco dining area adjoining the main restaurant area.

The restaurant can derive considerable extra revenue when promoted to locals as well as motel and conference guests. Restaurant 1381 is positioned at the front of the property, and within a magnificent setting, is one of Bellingen's most uniquely styled and beautifully rustic themed restaurants.

Offering a range of local and fresh produce, the restaurant specialises in local grass fed and hormone free Dorrigo Beef.

In the cooler months sit by the huge roaring double sided open log fireplace or in the warmer months, enjoy the breathtaking mountain views from the alfresco dining area.

Major features of the dining room facilities include:
? The old jury bench of the Parramatta Courthouse is now the bar!
? Large well equipped and upgraded commercial kitchen
? Good selection of beer on tap and extensive wine list
? Impressive alfresco dining area
? Magnificent views over the countryside

Turnover for the past three years justifies a 12% net return on investment with room for continued growth. Strong forward bookings are even more evidence of the potential. This property is on the market due to the current owners other business commitments and offers you an excellent opportunity to take advantage of newly completed renovations and good quality marketing already done.

Great presentation, strong forward bookings and the recently refurbished restaurant ensure the continued success of this distinctive property.

The facility has all of the expected inclusions of a quality lodge/motel including a BBQ area and swimming pool. The restaurant is fully licensed with a cocktail bar, commercial kitchen and a stunning feature fireplace.

The owners/managers residence is 3 bedrooms with lounge dining private kitchen and enjoys the same outstanding views for you to relax and enjoy when having your days off.

The owners are happy to provide an Information Memorandum and full trading figures to potential purchasers and may be requested by contacting Michael Ball or Peter Stone.

We highly recommended that any purchaser seeks their own advice from their accountant and/or solicitor regarding the business aspect of this opportunity.

What a fantastic opportunity in one of Australia's most eclectic and beautiful towns.



12% net return with onsite manager
28 air-conditioned valley view rooms
28 bathrooms and plenty of parking
3 bedroom managers residence
Fully licensed restaurant with winter log fires
Swimming pool
Available for conferences and functions
15 minutes to the beach
2 minutes to Bellingen township
DA approved for an additional 7 rooms
16 acres with fantastic views of the mountains
Excellent returns and growing.

Property History for 1381 Waterfall Way, Bellingen, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$1,000,000
17 Nov 2017
  • 17 Nov 2017
    Sold for $1,000,000
  • 04 Oct 2017
    Listed for Sale $4,000,000
  • 22 Oct 2013
    Sold for $2,850,000
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About Bellingen 2454

The size of Bellingen is approximately 46.5 square kilometres. It has 23 parks covering nearly 14% of total area. The population of Bellingen in 2011 was 3,655 people. By 2016 the population was 3,764 showing a population growth of 3.0% in the area during that time. The predominant age group in Bellingen is 0-9 years. Households in Bellingen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellingen work in a professional occupation. In 2011, 66.6% of the homes in Bellingen were owner-occupied compared with 67.4% in 2016.

Bellingen has 2,099 properties. Over the last 5 years, Houses in Bellingen have seen a 50.81% increase in median value, while Units have seen a 165.27% increase. As at 31 October 2024:

  • The median value for Houses in Bellingen is $818,686 while the median value for Units is $788,481.
  • Houses have a median rent of $620 while Units have a median rent of $370.
There are currently 34 properties listed for sale, and 4 properties listed for rent in Bellingen on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Bellingen.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.