This is now set to sell - the vendor is highly motivated to move on to other business opportunities.
The price is NOW OFFERS OVER $650,000 + GST if applicable.
All offers must be submitted by the 19th of October 2023, so contact the listing agent Martin Newell today.
The Dunbogan Boat Shed and Marina is nestled on the banks of the Camden Haven River. From the cafe's deck you can soak up the view of the yachts on the water, feed the local pet fish and watch the passing dolphins all with the magnificent back drop of North Brother Mountain. Put simply this a breathtaking location.
Originally built in the 1940's, some of the old-world charm has been preserved, however the current owners have redeveloped and modernised this business to an iconic destination caf serving coffee, cakes and ice-cream. The caf has proven a very popular location amongst locals and tourists with outstanding ratings on Trip Advisor.
The current owners have hosted many functions onsite proving a lucrative and successful addition to the business. Currently seating 50 patrons with an under roof area of approx 86.91sqm and deck area of approx 92.39sqm, there is plenty of room for further expansion if needed.
Another income stream of this business is the marina offering a ten-berth wharf and ten swing moorings on the river. There is also the option to increase the swing moorings by another ten, and plenty of space for a larger pontoon marina. It's worth noting that the income from the marina operations currently accounts for 200%+ of the current lease costs.
The sale includes onsite fixtures, fittings and equipment for the successful operation of the business plus the reassignment of the existing 25 year lease. The current owner would be pleased to offer a handover process providing advice and training on the business.
This is indeed a once in a lifetime opportunity to secure this iconic business.
Note: The vendor reserves the right to sell at any time, if you are interested in this opportunity, contact Martin Newell today to avoid missing out.
The size of Dunbogan is approximately 7 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Dunbogan in 2011 was 962 people. By 2016 the population was 980 showing a population growth of 1.9% in the area during that time. The predominant age group in Dunbogan is 60-69 years. Households in Dunbogan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dunbogan work in a professional occupation. In 2011, 79.2% of the homes in Dunbogan were owner-occupied compared with 80.1% in 2016.
Dunbogan has 901 properties. Over the last 5 years, Houses in Dunbogan have seen a 55.57% increase in median value, while Units have seen a 45.90% increase. As at 31 October 2024:
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