Commercial Property - Snowy Mountains

Thredbo and Perisher

In Thredbo and Perisher commercial properties include ski lodges (offering both winter only and year round opportunities), restaurants and food outlets (again with varying seasonal aspects), shops, hotels, and bed and breakfast properties. Ski Lodges offer tremendous lifestyle opportunities. We recently sold Swagman Chalet to an owner occupier, however the property was actively considered by a developer as well. Commercial properties in the snow are an interesting prospect as they are appealing to a buyer seeking lifestyle, but also require good performance as reflected in the accounts. Most buyers will require finance and thus audited accounts will generally be required for the purchaser to present to the bank.

Lake Crackenback

In Lake Crackenback there will be new opportunities for restaurants and bars for potential tenants; and there are development sites for holiday accommodation construction. The key in Lake Crackenback is to check where the real estate market is trading and ensure that the building being constructed is suitable to meet market demands for flexibility and a keen price. As always you don't want to over-capitalise your site, and remember that you are building a holiday home - keep the design simple and remember that holiday homes are occupied by clients looking for a relaxing visit to the mountains. Make sure the appliances are easy to use, and that the home is uncluttered and simple to clean. Storage is important so that purchasers can leave their holiday toys behind safely - a store room big enough for bicycles, skis, golf clubs and other sporting equipment is essential.

Jindabyne

In Jindabyne there are hotels, lodges, management businesses and industrial property in Leesville (industrial area of Jindabyne), Jindabyne caters for a slightly different clientele who are into enjoying the lakeside lifestyle and the easy going nature of this picturesque town. Jindabyne also has more year round turnover than the ski resorts and its homogeneous population will welcome any newcomers who have enthusiasm and the ability to get along with all sorts of people. Accommodation Jindabyne is a new management business started by Forbes Stynes Real Estate that offers a fine selection of properties for use by business travellers and skiers alike.

Remember though the tremendous lifestyle and income potential is on offer to those willing to work hard; when the visitors are pouring into town and the pressure is on you need to remind yourself to smile and remember that the client is always right. Jindabyne businesses are no different to any where else - you need to look after your customers and treat them well, and they will return year after year to the beautiful Snowy mountains.