Jindabyne has been going gangbusters in recent years as the alpine region has expanded recreational activities into a year-round calendar.
Mountain biking, in particular, has taken off in a way perhaps few could have predicted – and that’s delivered a very welcome boost to local businesses.
Panorama Jindabyne offers an energetic operator the opportunity to stake a place in the town’s vibrant hospitality sector.
This immaculately presented motel is positioned to enjoy all that the Snowy Mountains has to offer – and with killer views of Lake Jindabyne.
The recently refurbished property offers 25 spacious rooms that can each accommodate up to six guests.
They can enjoy spectacular lake views from the large dining/lounge and terrace area that can hold 100. There’s also an in-house restaurant/cafe and bar.
Panorama Jindabyne is a repeat booking favourite with schools, sporting and community groups. It’s also popular as an events venue for weddings and other significant occasions.
Russell Rogers of Resort Brokers Australia says the motel represents a strong investment in the heart of Jindabyne.
“It’s developed a loyal following and is prepared for a new operator to seamlessly take over,” he says.
“There are 24 years left in the leasehold and there’s plenty of upside in growing the occupancy rate.”
Rogers says a new operator would also become part of a thriving alpine community that offered a great lifestyle.
Price guide: $1.25 million (leasehold)
Private sale
Agent: Resort Brokers Australia, Russell Rogers 0416 166 909