PROPERTY DESCRIPTION

A rare opportunity has just come onto the market for buyers looking for a unique estate offering two profitable businesses & huge potential for further expansion.

The Cookabarra Restaurant & Barramundi Farm, located just 20-minutes from Port Stephens, is proudly listed for sale through McElwaine Estate Agents.

This popular tourist destination, set on a sprawling 19.42ha (48 acres), is ideal for an astute buyer looking for both lifestyle & double income stream.

It’s just a 10 minute drive to the sandy beaches of Anna Bay.

Set among pretty landscaped gardens, with a picturesque bushland backdrop, both businesses have a strong customer base.

The acreage, which is zoned RU2 Rural Landscape, also includes a recently updated three-bedroom self-contained managers cottage, volumes of shedding, cool rooms, packing facility & customer car park.

In addition, the property has special water rights & DA approval for modular fish farms expansion, additional storage building/machinery shed and expansion of retail and value adding centre.

There is potential to build an additional cabins, a new residence or create an eco-tourism park, STCA.

The estate is currently the largest producer of barramundi fish in NSW.
It is also the only licensed operator for barramundi on the State’s eastern seaboard.

The business, under the name Tailor Made Fish Farms Pty Ltd, offers an easy to operate, land-based modular production system that is both sustainable and environmentally responsible.

Its innovative system, developed over 23 years of operation, allows for ‘year-round’ premium fish through compact & controlled production that uses less water than conventional methods.

Its current Manager was named the 2016 Farmer of the Year.

Guided tours are currently offered twice daily.

There is also an adjoining Hydroponic Vegetable Farm.

The estate’s Cookabarra Restaurant & Function Centre can seat up to 320 guests & is currently serving modern Australian/Mediterranean cuisine.
As it is attached to the Barramundi & Vegetable farm, it is able to offer the freshest of produce available.
The restaurant’s close proximity to Newcastle, Raymond Terrace & Nelson Bay, ensures a strong local customer base.
It has become a destination for celebrations, functions & casual meals as well as visiting tourists.

This is a one-in-a-life-time chance to secure a beautiful acreage with the added bonus of two well-established businesses.