Cooba Sport & Education Centre in the Snowy Mountains has been listed for sale through QTHBs’ Ryan Doughty and Manenti Quinlan & Associates’ Ray Larkin.
Cooba Sport & Education Centre in the Snowy Mountains has been listed for sale through QTHBs’ Ryan Doughty and Manenti Quinlan & Associates’ Ray Larkin.
Located at 99 Cootralantra Road, Cootralantra, New South Wales, the property is for sale with an asking price of $4.5 million.
Cooba Sport & Education Centre is centrally located in the NSW Snowy Mountains region, close to all attractions including ski resorts and Canberra, which many school groups seek to experience.
Mr Doughty said the property has been welcoming school groups for over 20 years and has developed excellent summer and winter programs which are focussed around the Australian National Curriculum. The quality of the programs is evident in the very high rebooking rate of 85 per cent.
Mr Larkin said the centre is currently run under management who are keen to stay on if required and has fully qualified and experienced staff. The quality of training and procedures in place has resulted in an exceptional safety record for the property.
The property offers an excellent return on an after-management basis, commented Mr Doughty.
Set on an expansive 173 acres, the property offers numerous activities available onsite, all designed to encourage leadership, teamwork and social connections.
The property is located approximately five km to the township of Berridale, in the New South Wales Snowy Mountains Region, approximately 1.5 hours’ drive from Canberra and 4.5 hours to Sydney.
It comprises 27 motel rooms with sleeping for a maximum of 150-160 students. Located in the two storey double brick accommodation building, there are a wide variety of room configurations, sleeping between two to eight people. All motel rooms include a fridge, tea and coffee making facilities, ensuite bathroom with shower. All rooms have heating.
Mr Larkin said the past three financial years have been severely impacted as a result of Covid.
“School groups who would frequent yearly had to delay and/or cancel planned excursions/camps, however Calendar Year 2022 and FY23 figures are indicative of a return to historical levels,” he said.
To request a copy of the Information Memorandum please contact one of the marketing agents QTHBs’ Ryan Doughty and Manenti Quinlan & Associates’ Ray Larkin via the contact details below.