The Bower at Broulee on NSW south coast hits the market
A small-scale resort on NSW’s south coast that has been approved for further accommodation, including glamping sites and wellness facilities, has hit the market.
Owners Mark and Sue Berry have run The Bower, spread across a 43-hectare parcel of bushland, for nearly 20 years in the coastal town of Broulee, about four hours south of Sydney.
The business, at 2352 George Bass Drive, provides four-star accommodation in five self-contained villas, known as “bowers”, and an Airstream travel trailer. Each bower lot occupies between 6800 square metres and 1.17 ha of bush.
Backing on to the Illawong Nature Reserve, the real estate, which is tied with the business, also comes with development approval for expansion into an ecotourism project.
The council has given the green light for a glamping site, which will be the home of 37 transportable eco-units. These could potentially be safari tents, tiny cabins or earth shelters.
A hilltop retreat on two lots will feature a lodge with 28 attached units, conference space, a wellness centre, yoga facilities and a community permaculture garden.
Planned communal facilities include a restaurant, amphitheatre and a community recreation building, while two more bowers will also be built.
Ray White Hotels selling agent Mark Bullock said the new plans had taken several years to get through council and had cost the Berrys “a few hundred thousand dollars”.
“It’s got the opportunity to be something completely different again with the DA they’ve got in place,” he said.
The agent, who has the listing with Michael Ajaka from Ray White Commercial, noted that development approvals on large parcels of land backing on to nature reserves were generally harder to secure.
“Development approval processes are pretty long and drawn out and exhaustive,” Mr Bullock said.
“That’s where the costs come in because you need to get the right people and engage the right contractors to help you get the case right (and) propose it right from the outset. Because the more to-ing and fro-ing, the more costs involved.”
The listing comes amid growing interest in the wellness tourism industry, which is worth about $6.4 billion in Australia and growing at an average rate of 15 per cent a year, a Global Wellness Institute report found.
Buyers interested so far have mostly been mum-and-dad operators who were not looking at the development potential, as well as developers, including one from China, and smaller hotel groups.
Expressions of interest close on March 27.