Toboggan Hill Park, Nelson Bay

Description

JLL Hotels & Hospitality Group is proud to exclusively offer for sale Toboggan Hill Park, a combined freehold and leasehold going concern set across two adjoining parcels in Nelson Bay, an iconic tourism hub within the blue-chip Port Stephens region.

This compelling investment presents an opportunity to acquire a renowned tourism business with robust financials and excellent expansion potential, centrally positioned to benefit from sustained visitor growth and development upside in a leading Australian coastal market.

1. A celebrated tourism icon with a 38-year legacy of success and robust, growing trade, consistently delivering strong returns
2. A substantial estate combining 2.6 hectares of prime freehold land for future development offering long-term expansion capabilities, coupled with a 13.5-hectare Crown lease, newly secured to 2040 and likely to extend
3. Highly profitable business with outstanding historical trade record with F26 on track to set new record
4. Outstanding development opportunity (STCA) within the land's RE1 zoning, all while secured by a proven and substantial holding income
5. Upside opportunity through multiple value-add initiatives, such as facility revitalisation, extending operating hours, and capitalising on existing approval for a second toboggan track
6. Highly desirable location in the heart of Nelson Bay, a tourism magnet that draws 1.72 million annual visitors and is central to the thriving $5.0 billion Port Stephens economy
7. Significant future enhancement via the neighbouring 'Tomaree Sports Complex Master Plan', a major council investment elevating the entire precinct into a world-class recreation destination

Toboggan Hill Park is available For Sale via an Expressions of Interest (EOI) campaign closing Wednesday 6 May 2026 (if not sold prior).

For more details, please email broker or call agents.