Cooma NSW 2630
negotiable

DESCRIPTION

Phone enquiries - please quote property ID 20819.

* Iconic Log Cabin / Restaurant / Tea House
* Established over 50 years
* High tourism location (spectacular views set under Mt Gladstone Lookout)
* Ideal for individuals, corporations, clubs and/or associations
* Very low rent and long term lease

A unique local icon of 50 years is looking forward to a new chapter with an abundance of opportunities for potential applications. An authentic log cabin, feature building, nestled on a hillside under the highest point in the district - Mt Gladstone Lookout (1000m). Situated in 2.8ha of elevated bush-land within an 125ha nature reserve, with unsurpassed views of the Snowy Mountains and Monaro Tablelands. Currently operates as Miss Heidi’s Tea House. Full Liquor License. Popular location with regional visitors, locals and many loyal customers from far and wide. The venture featured on channel 9 Getaway Show, with a reputation for making world-renowned pancakes and authentic fare. Original owners looking to sell to buyer with vision, after 50 years of successful trading. Current rolling 20-year leasehold, $3,000 p.a rent. The sealed access road is 1.6km from Highway and 4km west of Cooma. 1 hour to snowfields – Thredbo & Perisher and 1.5 hours to Canberra and 2 hours to Coast. Highway signage provides high profile advertising opportunities. Lease, with the Department of Lands, was renewed 3 times in last 50 years and is now overseen by the local regional council. With Snowy Hydro 2 now started this region now in the spotlight.

Suitable for individuals, corporations, and clubs & associations. Calling all "mountain changers". Possible applications include: restaurant, tea rooms, conference or function center, gourmet food & wine tasting, business retreat, gallery or studio, healing & meditation sanctuary, environmental education hub, bush walking base, horse riding or mountain bike (MTB) riding - on 7km of tracks by purpose built by local MTB Club. Since 2015 a well-known motoring association has improved and used the access road for car rallying events.

The business on offer comprises; leasehold, with buildings and improvements. An original log cabin, set on 2.8ha, which operates as 50 seat, licensed restaurant and tearooms with cozy atmosphere, open fire, unique wooden furniture and flooring. Fully landscaped area around restaurant comprising: 30 seat outdoor eating terrace, picnic & BBQ area, 10m wide pond, scenic walking paths and car park. The surrounding bush land is full of flora and fauna. Bus parking available at lookout. 30kw/3 phase power, 2 mobile phone towers and 6 communications lines and water tank available. Operate as is or re imagine this one-of-a-kind property.

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