ROSELLA LODGE GUEST HOUSE
PHOTO AND INFORMATION SITE
PLEASE GIVE THE PAGE TIME TO LOAD ALL THE PHOTOS
FULL DESCRIPTION, PRICE AND DETAILS BELOW!
PROPERTY SALE INVENTORY LIST
The following list may vary in the count of some items but it is expected to be very similar to what is listed. All of these items will be included in the final price as a walk-in walk-out sale.
Approx. 90 Blankets
Approx. 50 sets Single sheets
Approx. 20 sets Queen sheets
Approx. 45 Pillows
Approx. 70 Towels
16 Table cloths
8 Double/queen beds
1 single bed
All blinds and curtains throughout.
Approx. 6 Towel bins & 4 rubbish bins
BEDROOMS – Note: Furniture may be shifted between rooms.
Please also note that most of this furniture was added to rooms after the photos were taken.
Every room is furnished with eight rooms having fridges in them as well.
R1/ Table & 6 chairs, Dressing table, Wardrobe, Draws
R2/ Wardrobe, draws, table & 7 chairs
R3/ Table & 3 chairs, Wall unit, Wardrobe
R4/ Dressing table, TV Table, Wall unit, Table & 3 chairs
R6/ 2 Wardrobes, Table 4 chairs, TV bench
R7/ 2 Wardrobes, 3 chairs and laminated table, shelves
R8/ Dressing table, Wardrobe, Storage cupboard, table & 4 chairs, Shelves, Draws.
R9/ Table and 4 chairs, Wardrobe, 2 sets of shelves
R10/ Two (2) wardrobes, table & 5 chairs, TV Bench
RECREATION ROOM
13 chairs
3 sofa’s
Letterbox for key return.
Bar Unit
Electric wall heater
Brochure stand
Pool Table & Accessories
New Table Tennis Table & Accessories (Kept in back store room.) (Maybe sold prior.)
Magazine holder unit
2 Computers & Desk
Video security camera
Orange Pay Phone & Bench.
Large coffee table
Small coffee table
Wall unit
KITCHEN
Display case counter with glass display top.
S/S Range Hood
One elec. Oven
2 Elec. Cook-top & ovens
Kitchen storage cupboards
All equipment is included as is!
Please Note: Where no Qty’s are specified means they will need to be counted at the time of sale and will be as is. All items that are left in stock will be included.
Qty. Crockery sets
Qty. Cutlery sets
Qty. Glasses
Qty. Sugar dispensers
Qty. Salt & peppers
Qty. Numerous pots and pans
2 Microwave ovens
Qty. Microwave dishes
Electric jug
Toaster
Sandwich toaster
Hand washing sink and tap
Double bowl sink and cupboards
Dummy video camera
8 Fridges & 1 Upright Freezer used in bedrooms
KITCHEN STORAGE ROOM
Shelving
FRONT ENTRANCE FOYER
3 chairs
LINEN STORE ROOM
4 Storage cupboards
Gray Metal filing cabinet
Shelving
Spare apple computer / parts etc.
I Glass showcase with a lockable money till built in.
REAR STORAGE ROOM
Shelving
4 tables
Baby Cot & mattress
20 stackable chairs
Professional cleaners trolley
OFFICE 1/.
Laminex office Desk
1 Brown Book shelf unit
Gray Timber Shelf unit
Quantity of spare keys to all rooms and key board.
OFFICE 2/.
Shelving
Steel storage cabinet
Large Qty of spare carpet tiles.
4 CAR GARAGE
Extensive shelving
Large work bench on wheels
Double bowl sink connected to hot and cold water.
Bench cupboard
Clothes dryer
Bolens Ride-On Mower
GARDEN AREA OUTSIDE
120 ft Plant Nursery Tube Frame
Various gates
Fish ponds (Several.).
Large fountain in front of home.
Various Wagon Wheels.
Bird Bath in front of office.
New Aviary In Fernery.
All Signage & Billboard signs.
Highway Signs.
Garden Hoses
LAUNDRY
Maytag Coin Operated Washing Machine
Small Bench
3 chairs.
UNDERCOVER SMOKING AREA
6 Chairs, table & smokers ash tray box.
WILDLIFE GARDENS
4 Various seat benches
Approx. 8 kangaroos (Note: Private Wildlife License required.).
1 Emu - (License application provided. Around $120.00 per year. )
26 Mini Golf Course Clubs and Qty. of Golf Balls.
HOME
All curtains
Light fittings
All fixtures
Electric wall heater and new LPG gas heater in lounge
ROSELLA LODGE - Guest House
PROPERTY DETAILS
Size: 7 acres Includes a separate 3 bedroom brick veneer home all on the same title. 17 squares in size. All house bedrooms are double in size with built in robes. Walk in pantry. Plenty of cupboard space etc. All electric kitchen with oven and hot plates. Main accommodation building size approximately 75 squares with 9 bedrooms, share kitchen, recreation room, separate male and female bathroom facilities, various store rooms, 2 offices. Sprinkler system is installed and all required fire safety equipment provided. There is a large 2 metre high fenced lake area with pet kangaroos on around a five acre section. Plenty of fish in the lake. There is also an 18 hole mini golf course. Two phase power connected. Main highway frontage on Ballarat's southern entrance with highway overtaking and approach lanes provided. Billboard signs and highway approach signs. Plenty of photos can be seen at the photo link provided.
EQUIPMENT AND FITTINGS
All included in the price! Everything you need to operate this business is included in the price!
LOCATION
Approximately 10 km to the centre of Ballarat and five minutes drive from Sebastopol. School buses and a V/line bus. A map is provided in the photo page link.
CURRENT USE
Operating on a low maintenance scale as a boarding house receiving: $100 per week per single adults. $110. per week per couple. $200 bond required. $15 per week extra for linen. Over night stays at $50 per room per night. Occupants make their own meals and clean up after themselves. Approximately 3 hours per week cleaning required. We currently provide transitional housing, overnight accommodation and long term accommodation to students, working people, people on pensions and unemployed people. The separate house is currently occupied by the owners, which has a potential to be let out at $220.00 per week.
OCCUPANCY RATE
60% full all the time 7 days per week. As a Boarding House with some overnight stays. There is a huge potential for future overnight stays if you wish.
PERMIT DETAILS
For use as: Guest House, Bed & Breakfast, Hostel, Boarding House.
12 bedrooms including home with plenty of room for expansion. For above use for up to 42 people that can stay up to 250 days within a year & days per week & longer by arrangement. It has all required permits.
SALE TERMS
The successful bidder/buyer must make full payment by wire transfer / deposit or through their solicitor if sold through auction. In the case of an auction: Please don't bid unless you have the funds imediately available!
Please read the details on this following Investment site if you are not based in Australia.
Foreign Investment Review Board
NOTE: NO PAYMENTS ARE REQUIRED IF YOU ARE BASED OUTSIDE AUSTRALIA UNTIL YOU HAVE RECEIVED FOREIGN INVESTMENT APPROVAL.
FORMS REQUIRED
The payment account details will be forwarded to you straight after the auction/sale. The current owner will have the contract made up after payment and it will be forwarded to you in your name/s for signing etc. A copy of the title can be seen at the photo page link. The only current mortgage holders are Gold Credit Pty Ltd with an outstanding amount of $35,000.00. A scan of the original mortgage document is provided above. You will see the current owners listed as John & Christine Boom etc on the scanned document. In the case of a Buy It Now sale the terms will be based on a 30 day settlement with 10% being payable by wire transfer / direct deposit. A contract preparation fee of $500.00 is payable in advance upon acceptance of an offer which will be deducted off the final price. This is to ensure that if a cancellation takes place the document preparation fee will be paid for by you. The contract will then be prepared in your name/s ready for signing. Once signed our solicitor will direct you to make the final payment for settlement once the sale has been processed accoriding to the law etc. A section 32 and section 52 (form 9) is available from our solicitor being: McCormick Solicitors, 50 Lydiard Street South, Ballarat 3350
Victoria, Australia. International Phone: 613 5333 1733 International Fax: 613 5333 4174
VALUE FOR MONEY BREAKDOWN
Main Highway Frontage Of : 225.17 metres.
Business Freehold Property size: 2.780 ha (7 acres).
Property Zoning: RURAL LIVING ZONE.
Permit for: Up to 42 person Boarding House / Hostel. Over 90 squares of accommodation buildings. Only a few minutes drive from Sebastopol – Ballarat. On Ballarat’s southern entrance. Plenty of room for any extra future development if desired. Operating as an accommodation business for over 3 years now. All permits are approved and it’s fully regulated!
RECENT PROPERTY VALUATIONS
The valuation performed was for the actual property value only without the business, fittings and equipment included. And it was valued at: $465,000.00 Dated: 10/01/2005 performed by a government real estate valuer for pension reasons. The real value of this property would be much, much more. No doubt over a half a million worth. The price includes the freehold, business, Goodwill, fittings and equipment. This property represents excellent value for a property that returns you an income and a great lifestyle! This business has never been run or advertised to capacity due to the owners poor health so it has huge potential for any interested buyer. People will always have to live somewhere and there is a constant demand for boarding accommodation.
INTERNATIONAL BUYERS AND INVESTORS
You really can't lose on this property as it will only appreciate in value as time goes on!
The present owner will stay on until all paper work and contracts have been completed and finalized. After this date the business can continue to stay open and continue to be managed by its present local real estate agent if you like.
We can also arrange a reliable tenant to stay in the lodge itself for free rent in exchange for cleaning duties and to keep an eye on the place.
The estate agent collects the money, which can be sent to you monthly. They charge 9% of the weekly total income.
The separate 3 bedroom brick veneer home can stay empty until you decide what you would like to do with it. It could be let out at $220.00 per week or you may consider using it yourself for certain periods of a year etc.
NOTE: The sale of this property is subject to Foreign Investment Approval. Click on the following links.
Details regarding investing in Australia can be found at this link: Foreign Investment Review Board
Any overseas buyer will be given time to apply under this policy and no money is payable unless the buyer is successful. It usually takes around 30 days. The forms you need to obtain are on the Review Board link.
You can apply and fill in the forms prior to the purchase if you want.
ASKING PRICE RESERVE IS SET AT: $365,000.00 US Dollars
or $475,000.00 Australian Dollars
To make an offer submit your details using this contact form:
CONTACT