Key Investment Insights
1. The business and associated freehold commercial space is being sold for the first time in 19 years.
2. Situated close to the coral coast, providing easy access to the Southern Great Barrier Reef.
3. Huge potential for growth and profitability for a hands-on operator.
4. Long accommodation module agreements in place.
5. No requirement to reside on-site or purchase a residential unit.
6. Potential to significantly increase food and beverage business.
7. Zoned for tourism accommodation only, no owner occupiers.
8. Healthy body corporate salary to assist with cashflow.
9. Includes multiple facilities such as a reception building, restaurant, bar, kiosk, and conference room.
10. Rare commercial functions area ideal for weddings, receptions, and guest services.
11. Eco-certified tourism business, working with local Landcare group and bordering a nature reserve.
12. Swimming pool and children's wading pool, heated in winter months.
13. Tennis court, games room, and 5.5 acres of outdoor space.
14. Ample parking for coaches, boats, and trailers.
15. Security cameras for ease of management.
16. Only 4 hours from Brisbane by road or rail, or a 40-minute flight.
17. Located in Bargara, a popular family holiday destination.
18. 41 self-contained holiday units on 5.5 acres of gardens.
19. Licensed restaurant, pools, spa, sauna, BBQ areas, and tours desk available for guests.
20. Close to Kellys Beach, the main swimming beach in Bargara, and protected from the main road by a natural creek and forest area.
21. Net profit of $378,357 and asking price of $1,400,000 (inclusive of manager's real estate).
22. Manager's apartment valued at $475,000 and includes reception office, storage areas, restaurant/commercial kitchen/bar/kiosk, conference room, and balcony/alfresco area.
23. Complex
Management Rights Multiplier: 3.01
ROI Estimate: 33.27%
