Former accommodation converted into Jamberoo wellness retreat on the market after two years | South Coast Registry

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A former reception and accommodation center, converted into a luxury spa and yoga center at Jamberoo is on the market, less than two years after its previous sale. Ananda Wellness Retreat, which decades ago was the site of a German restaurant and beer hall, has a price guide below $10 million. The luxury spa and yoga center, which sits on nine acres, is located at 406 Jamberoo Mountain Road, Jamberoo. Read more: South Coast beach shack with an asking price of over $4 million to go under the virtual hammer It has 43 rooms and suites, a vegetarian restaurant, a swimming pool, a tennis court, barbecues, an outdoor hot tub, a conference center, an outdoor chapel, Vichy showers, hammam, flotation pools, two sports halls and three treatment rooms. The property began life as Uncle Tom’s Hut in the 1960s. The original Uncle Tom’s Hut, actually a German restaurant and beer hall, is believed to have been the first venue in Australia to host a celebration of the ‘Oktoberfest. It has also been claimed that the 25m pool was built in the 1970s for training camps for the Australian Olympic swimming team. Later renamed Jamberoo Valley Lodge and then Jamberoo Resort, the property fell into disrepair in 2012 as bank lenders took possession of the property. In 2014, the Jamberoo Valley Resort underwent a major makeover, including dropping the “Valley” from its name. “Despite the makeover, the company has not been fired,” Mr Davidson said. The property was sold to the current owners in April 2020 for less than $5 million. Sales agent, Matt Davidson of Tourism Property, who has sold the property twice before, said the current owner renovated the entire property in 2021 and “reimagined it as a yoga retreat, of health and well-being that it is today”. “They’ve more than tripled revenue to about $120,000 a month in revenue…It’s now pretty profitable, compared to the shell he bought it under,” Mr Davidson said. “He’s now just ready to move on and maybe do it again somewhere else.” Read more: ‘We pinch each other every day’: Hideaway in South Coast town boasts price tag of over $4 million Seller, who wished to remain anonymous, is a qualified yoga instructor and saw a great potential to transform a “tired and dated motel into the health and wellness retreat that is on offer today”. “We have completed major renovations and launched the business,” he said. “We hope to see the new owner take the business to the next level and see the true potential.” Mr Davidson said they had had ‘a large number of inquiries, with inspections and offers starting to come in this month’. Read more: Why Kiama’s overpriced home buyers are eyeing this nearby beachfront location Mr. Davidson said city dwellers in particular have embraced such regional retreats during the COVID-19 pandemic. “We certainly noticed an increase in domestic travel, especially regional travel, and that obviously stemmed from people having nowhere to go,” he said. “But people were locked up and starting to worry about their health. There was a huge uptake of wellness retreats and healthy lifestyles.” (The Jamberoo Center has) a pretty holistic approach to life. There is no alcohol (sold) at the moment; the next owner may wish to reinstate the bar and restaurant. “But right now they don’t do weddings, it’s a matter of healthy living. It’s really fantastic what he’s been able to do with the renovations, and it’s working really well.”

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