Pent-up travel demand is likely to be unleashed once vaccination rates hit their targets, and accommodation options are sure to be in demand once holidaymakers hit the road.
That could make it timely for a canny investor or lifestyle-changer to consider the Berry Inn.
This renovated South Coast gem offers boutique motel accommodation and is perfectly positioned between Sydney and Canberra.
The inn began life as humble stables behind the old Commercial Bank building, established in 1889, before a series of renovations and refurbishments (the last in 2017) realised its present form.
The inn offers a spacious two-bedroom apartment and four beautifully appointed rooms and suites.
Vaulted ceilings on the upper levels maintain the character and charm of the original building, while the accommodation options deliver all the modern comforts.
Jacqui Crapp of Raine & Horne Berry says it could be a timely opportunity for an investor or potential owner-operator.
“I’m certainly getting buyer interest from people who understand the enduring appeal of Berry beyond the lockdowns,” she says.
“It’s a great holiday and visitor location with great charm and it’s close to beaches, Nowra and Kangaroo Valley.”
Crapp says the apartment could serve as onsite accommodation for an owner-operator.
There are also options to increase the room numbers and scope to extend the building, subject to usual approvals.
Price guide: High $2 million-low $3 million
Private Sale
Agent: Raine & Horne Berry, Jacqui Crapp 0429 104 011