Description

A rare opportunity to acquire a freehold asset in the leisure industry, with a combination of both hands-on business and passive income. This 21 hectare parcel of land features two separate income streams, the Planet Mud Outdoor Adventures business which offers paintball games in a bushland setting for both adults and kids, off road Segway Trails and Globe-riding In addition, the property also hosts Trees Adventure which provides a current cash flow of $55,000 per annum + GST. The lease is now in its 1st year of the second term of seven years, and a further 7 years term is available to the tenant. The lease is subject to CPI and market reviews. The area leased is only a small proportion of the property.
Planet Mud Outdoors Adventures, paintball games is licensed and permitted and has run successfully at this site for more than 17 years. The business provides a healthy cashflow, with ongoing local repeat business, with scope for a savvy operator to significantly increase the current income with huge opportunities to add additional activities and increased operating hours.
The property and business are offered for sale on a walk-in walk out basis. Business figures are available to interested parties (subject to NDA). This exciting property is conveniently located in the Otways hinterland, approximately 18km from Colac, 82km from Geelong and only 55km from the Great Ocean Road at Apollo Bay. It offers you and your family the opportunity to live in a beautiful regional location working in the popular and low stress leisure industry.
Contact the agent for further information.