66 Hollybank Road

Underwood TAS 7268

SITUATED JUST A SHORT DRIVE FROM LAUNCESTON THIS AWARD WINNING TOURISM VENTURE OPENED TO RAVE REVIEWS IN JANUARY 2008 AND WAS ONE OF THE FIRST IN AUSTRALIA FOR A HIGH WIRE ADVENTURE TOUR.LOCATED IN THE MAGNIFICENT OLD AND NEW GROWTH FORESTS AROUND HOLLYBANK AND OFFERS A UNIQUE AND EXHILARATING ADVENTURE INTO THIS SPECTACULAR WORLD. THE TOUR COMBINES AN ADRENALINE RUSH OF A HIGH WIRE CANOPY TOUR WITH AN INFORMATIVE AND HIGHLY ENTERTAINING OUTLOOK OF THE FOREST.FROM AGES 3 TO 90, INDIVIDUALS, GROUPS AND SCHOOL TOURS CAN ALL ENJOY DIFFERENT ACTIVITIES SUCH AS THE ZIP LINE RIDE, SEGWAY TOURS, WALKING TRAILS ENCOMPASSING BBQ'S AND PICNICS, AND A GREAT VISITOR CENTRE WHICH PROVIDES SNACKS, BEVERAGES, DVD'S AND EXPERT TUITION AND TRAINING FROM HIGHLY EXPERIENCED GUIDES.THE TREE PLATFORMS, ZIP LINES AND THREE VEHICLES TOGETHER WITH ALL OF THE PLANT AND EQUIPMENT ARE INCLUDED IN THIS SALE. THE VISITOR CENTRE, WORKSHOP, LAND AND INFRASTRUCTURE ARE LEASED FROM FORESTRY TASMANIA FOR WHICH 17 YEARS ARE REMAINING.THE BUILDINGS, INFRASTRUCTURE AND ALL EQUIPMENT ARE IN EXCELLENT CONDITION. THE SEGWAY TOURS WERE ADDED IN 2012. CONSEQUENTLY THERE IS NO REQUIREMENT FOR SHORT TERM CAPITAL OUTLAY.THE ASSETS HAVE A CURRENT DEPRECIATION VALUE OF $897,922 - SO THERE ARE SIGNIFICANT TAXATION BENEFITS.THE ADVENTURE HAS AN OUTSTANDING SAFETY RECORD AND IS REGULARLY INSPECTED EACH YEAR AND COMPLIANCE CERTIFICATES ISSUED. THEY HAVE WON MANY AWARDS INCLUDING BEST MAJOR TOURIST ATTRACTION FROM TOURISM TASMANIA.TASMANIA IS ENJOYING AN INCREASE IN VISITOR NUMBERS AND FOR THE YEAR ENDED DECEMBER 2013 WE PASSED THE ONE MILLION MARK. THIS AUGERS WELL FOR QUALITY TOURIST ATTRACTIONS SUCH AS HOLLYBANK.ANNUAL REVENUE EXCEEDS $1.2 MILLION WHICH PROVIDES A HEALTHY NET PROFIT. IDEAL FOR OWNER-OPERATORS, BUT ALSO SUITS INVESTORS AS THE BUSINESS IS PROFESSIONALLY STREAMLINED.