Business, Cottages, Restaurant & Spa Retreat for Sale in Mansfield, Victoria, Australia

Willowlake Cottages, Restaurant and Spa Retreat

Willowlake Cottages is located on 2.02 hectares (5 acres) and overlooks a private ornamental lake.

The business operates a 50 seat restaurant for weddings and functions.

There are four stylish self-contained colonial-style spa cottages ideally suited for
couples seeking romance or seclusion. The cottages have a AAA accommodation rating at 4 stars. The grounds are styled as an English country flower-filled garden, including an in-ground pool and rotunda.

The main home is of hardy plank construction with a color bond roof. It has an open fire place, formal lounge, private kitchen and large eating and dining area. This is a large, two- storey, three bed room home. The main bedroom is located upstairs and has its own en- suite and spa. There is also an in ground pool. There is an additional room available as a study or fourth bedroom.

There are bitumen roads to the property entrance and all weather roads within the undulating property.

This is a versatile investment opportunity.


There are four country-style spa cottages featuring self-contained kitchens, wood fires, quality linen and all have air conditioning.

Each cottage provides accommodation for one couple. All cottages have recently been tastefully refurbished. There are multiple sets of linen for each cottage and all cottages are very well appointed. Please refer to chattels list on page 14.

The Willowlake Cottages enjoy good visitor stays which averages around 60% occupancy. Recently featured in Home Beautiful magazine, Herald Sun and The Age newspapers, and Channel 9 lifestyle programs.

Each cottage has views of Howqua Valley and Lake Eildon - when Lake Eildon is at full capacity the lake meets the cottages.

Willowlake has a well presented 50 pax dining room which caters to the cottage/spa retreat and wedding / function guests. There is a new state of art commercial kitchen which is very well equipped, there are also full bar facilities. Fridges and kitchen plant and equipment all appear to be in good condition. There are excellent stores of function equipment cutlery and crockery. Large functions are easily catered to, Willowlake also offers In-cottage dining menus, gourmet picnics and BBQ hampers.
Each spa cottage is fully appointed with its own spar bath and all cottages are positioned to overlook its own section of the lake. This is a peaceful and relaxing environment. Occupancy is high and guests can visit all year round. There has been continuing growth in the business gross profit up to 20 % per year. Full financial details are available on request.

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