25 Ocean View Avenue, Airlie Beach, Queensland
CORAL SEA RESORT
SOLD
Business Description
CBRE Hotels are pleased to present the opportunity to acquire the Coral Sea Resort, located in one of Australia’s most recognized premier tourist destinations - Airlie Beach.
Key investment highlights include:
- Unrivalled location, positioned on a 7,521sqm ocean front site between the Airlie Beach CBD and Abell Point Marina, offering spectacular views over the Coral Sea coastline
- 4.0 star 77 room resort which presents exceptionally
- 60 rooms are being offered for sale as a freehold going concern along with the caretaking and letting rights for the complex
- Strong cash flow business with an incredibly strong rate and occupancy levels
- Vacant possession - currently owner operated, allowing an incoming owner to rebrand and reposition the resort
- Resort facilities include the award winning Clipper Restaurant & Bar, private seaside gazebo, gymnasium, spa, private jetty, 25 metre lap pool, conference/function room, retail shop and a tour desk
Business Summary
Key Investment Insights
1. Prime location on a 7,521sqm ocean front site in Airlie Beach
2. Spectacular views over the Coral Sea coastline
3. 4.0 star 77 room resort with exceptional presentation
4. Opportunity to acquire 60 rooms as a freehold going concern
5. Strong cash flow business with high rate and occupancy levels
6. Vacant possession allows for rebranding and repositioning
7. Award-winning Clipper Restaurant & Bar on-site
8. Private seaside gazebo, gymnasium, spa, and private jetty
9. 25 metre lap pool and conference/function room
10. Retail shop and tour desk for added convenience.
