It's a landmark property on a beautiful stretch of Queensland coastline and it offers to pay a wise investor more than $300,000 a year.
The management rights and associated freehold of the iconic Kellys Beach Resort located in Bargara is being offered for sale for the first time in 18 years.
Bargara is just a few minutes’ drive east of Bundaberg and it offers a wonderful coastline with lovely wide beaches, stark basalt formations, inviting cafes, welcoming clubs, expansive playgrounds, a beautiful golf course and invigorating walking trails from where you can often see whales frolicking in the ocean at the southern end of the Great Barrier Reef.
The coastal town is only four hours by road or rail north of Brisbane or alternatively just a 40-minute flight, and Kellys offers all the conveniences of a family holiday resort as the ideal place to stay to experience the delights of Bundaberg, the Coral Coast and The Southern Great Barrier Reef.
Kellys boasts 41 self-contained and stand-alone holiday units in the letting pool and the resort is situated on more than 2ha of lush tropical gardens with a licensed restaurant, pools, spa, sauna, games room, tennis court, barbecue areas, kiosk and tours desk.
The resort is wonderfully located beside a nature reserve just one block from Kellys Beach, the main swimming beach in Bargara.
The property has the benefit of being close to the beach as well as being protected from the main road by a natural creek and forest area. It is also an eco-accredited resort.
Glenn Millar, from Resort Brokers, said Kellys was a “very well-known and respected property” in Bargara.
“it’s a really iconic resort in this part of Queensland,” Mr Millar said. “The same family has been at the helm for almost 20 years so it has a great reputation.
“There are long accommodation module agreements, the potential to increase the food and beverage business and a very healthy body corporate salary.
“There is no unit to buy and no requirement to reside on-site.”
The sale price is $1.6m and the property offers a net profit of $307,787 with a body corporate salary of $142,084.
Bargara showcases regional produce with oceanfront dining and local gelati, butcheries, bakeries, and fish and chip shops.
With Elliott Heads and Riverview in the South, Moore Park Beach in the North and a variety of amazing swimming and exploration beaches in between, resort guests have an abundance of places to soak up the Queensland sun.
Bargara is also the gateway to the spectacular Lady Musgrave and Lady Elliot Islands.
Other attractions include a nearby lavender farm, strawberry picking, and kite surfing.
Just down the road at the major regional centre of Bundaberg are fabulous tourist drawcards including the Mon Repos Turtle Centre, the Bundaberg Rum distillery, the Bundaberg Botanic Gardens, with its narrow gauge Australian Sugar Cane Railway, and the high-flying Hinkler Hall of Aviation, a state of the art museum dedicated to the town’s pioneer aviator Bert Hinkler, who in the late 1920s was voted the world’s greatest pilot.
In 1928, Hinkler was the first person to fly solo from England to Australia and three years later became the first to fly solo across the South Atlantic.
The Hall of Aviation includes an exhibition hall featuring multi-media exhibits, a flight simulator, a theatre, five aircraft and the historic Hinkler House, the home in which the great aviator lived while working as a test pilot in the English city of Southampton.
Find the business listing details HERE.