Agnes Water, Queensland
Beachfront Agnes Water
$2,395,000
Business Description
Outstanding return on investment
Located in central Agnes Water on the main road to 1770, and with direct beach access to the most northern surf beach on the east coast. This long-established resort is diversified to cater for the budget one-night traveller, through to families in luxurious 2, 3 and 4 bedroom Beach Homes, 7 with their own private plunge pools. The accommodation comprises of a 9-room motel, double occupancy studios and family studios. Studio, 1 bedroom and 2-bedroom Garden Villas, and in the gated Beach Homes section, twenty-four, 2, 3 and 4 bedroom Beach Homes.
The excellent licensed on-site restaurant is independently operated.
No requirement to live on site, however, a 2-bedroom managers apartment is included in price.
The office / reception is the management lot and is part of the sale. ($350k)
Large inventory of equipment including housekeeping van, trailer, golf buggies and gardening tools included ($70k+)
Large, leased swimming pool for motel, Studios and Garden Villa guest use.
Beach Homes pool, heated spa and BBQ pavilion.
Potential future management of houses under construction.
Annual occupancy 43%
Business Summary
Business Snapshot
Price: $2,395,000
Net Profit: $523,857 Remuneration / Body Corp Salary: $143,893
Complex Information
Complex Type: HolidayTotal Units in Complex: 66Total Units in Letting Pool: 43Owner Occupy Units: 13Outside Agent Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Key Investment Insights
1. Prime beachfront location in central Agnes Water on the main road to Seventeen Seventy, with direct access to the most northern surf beach on the east coast, supporting strong leisure demand.
2. Long-established resort with diversified accommodation mix, from budget one-night rooms to luxury family Beach Homes, reducing market risk across guest segments.
3. Large unit inventory including a 9-room motel, double-occupancy and family studios, Studio, 1- and 2-bedroom Garden Villas, and a gated Beach Homes precinct of 24 two-, three- and four-bedroom homes.
4. Seven Beach Homes with private plunge pools, plus a separate Beach Homes pool, heated spa and BBQ pavilion, enhancing premium product appeal and upsell potential.
5. Large leased swimming pool servicing motel, studios and Garden Villa guests, adding amenity value for mid-market accommodation.
6. Independently operated licensed on-site restaurant, offering F&B revenue potential or turnkey guest dining without operator takeover obligations.
7. Office/reception is the management lot and included in the sale, valued at $350,000, simplifying operational control and asset consolidation.
8. Manager flexibility, no requirement to live on site, while a 2-bedroom manager’s apartment is included, enabling either owner-operator or remote management models.
9. Significant equipment inventory included, estimated at $70,000 plus, covering housekeeping van, trailer, golf buggies and gardening tools, lowering immediate capital expenditure for a new owner.
10. Reported annual occupancy of 43 percent, indicating room for revenue and occupancy growth; potential additional income from future management of houses currently under construction.