For Sale

32 Diggings Terrace, Kosciuszko National Park, NSW, 2627

$3,950,000

14
14
3

House

10 days on the market

Inspection times

Inspections are by appointment only.

What's around 32 Diggings Terrace

Candlelight Lodge, Thredbo: A Rare Alpine Icon with European Soul

Perched in the heart of Thredbo with uninterrupted mountain views from every guest room, Candlelight Lodge is a true alpine originalrich in character, steeped in history, and brimming with opportunity. Since 1958, it has welcomed generations of snow lovers with its warm Austrian-inspired hospitality, hearty European mountain fare, and one-of-a-kind ambiance. Accommodation: With 45 licensed beds across 14 guest roomsall with mountain views and 11 with balconiesCandlelight offers a flexible mix of doubles, triples, and multi-share configurations, ideal for couples, families, and groups. Each room features flat-screen TVs, tea/coffee facilities, bar fridges, and bespoke Austrian furnishings. Three bathrooms have been recently upgraded, with materials on hand for a fourth. Staff rooms present further income potential if converted for guest use. Dining & Bar: The 45-seat restaurant is a local favourite, booked out weeks in advance during winter. Guests enjoy generous portions of classic alpine dishesSwiss fondue, French La Potence, Bavarian schnitzel, and Austrian Tiroler Gröstlserved in a warm, wood-accented setting. The adjoining "Stubl" private dining room (seating 10) and a vintage French gondola-turned-dining-pod offer unique experiences yet to be fully capitalised on. The bar, styled as a German Weissbier and Schnapps Bar, is licensed to midnight and spills out onto a sun-drenched balcony in summer. With early and late seatings, the venue regularly exceeds 110 covers per night in peak season. Facilities & Features: - Spacious, upgraded commercial kitchen with modern appliances - Guest sauna, table tennis room, and multiple outdoor decks - Separate Starlink guest Wi-Fi and admin network - Secure ski and bike storage with tuning bench and heated boot room - Laundry with commercial washers/dryers and ample linen storage - $80,000 heating system upgrade ensures unlimited hot water - Three on-site car parks and potential for paid parking or smart space reuse - Authentic Euro touches: hand-carved Austrian tree sculpture, antique lamp posts, and a Ramshead chairlift seat at the entrance Operational Highlights: - Lease secured until 2057 - On-premises liquor license with extended coverage to balcony and bar - Flexible reception hours with personal guest service - Strong winter trade with scope to grow summer and shoulder season revenue via breakfast, lunch, and public dining Candlelight Lodge is the only commercial lodge in Thredbo that has preserved the village's original alpine charm. With only three owners since 1957, it's a legacy property ready for its next chapterwhether as a boutique alpine retreat, a culinary destination, or a lifestyle investment with room to grow.

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