Bargara, Queensland

Iconic Bagara Resort Business & Freehold for Sale - ID 9099

$1,400,000

Business Description

Holiday Management Rights for Sale
Your Gateway to Southern Great Barrier Reef

Iconic Bagara management rights business and associated freehold commercial space (no residential unit), for sale for the first time in 19 years! Situated close to the coral coast that is just a short boat trip away.

- Huge upside and money maker for hands on operator

- Long accommodation module agreements

- No residential unit to buy and no requirement to reside on-site.

- Your choice where you live, but a fantastic spot to work and a solid business.

- Potential to significantly increase food and beverage business.

- Zoned tourism accommodation only. (No owner occupiers)

- Healthy body corporate salary to assist with cashflow.

- Includes, reception building, restaurant, bar, kiosk, and conference room.

- Rare commercial functions area ideal for weddings, reception, and guest service.

- 3 difference function areas, seating for up to 80 guests

- Easily able to cater for weddings.

- Eco Certified Tourism. Bordering a nature reserve working with the local Landcare group

- Swimming Pool (Heated in Winter Months) with a Childrens Wading Pool.

- Tennis Court and Games room plus 5.5 Acres of Cartwheel Space.

- 3 x Coach Parking. Under Cover Parking, Boats & Trailers Welcome

- Security Cameras for ease of management

Only 4 hours by road or rail or alternatively a 40 minute flight north of Brisbane and all the conveniences of a family holiday resort, Kellys Beach Resort, is the ideal place to stay to experience what Bundaberg & The Southern Great Barrier Reef has to offer

Take it easy…that’s the motto here in Bargara and at Kellys! With 41 self-contained and standalone holiday units on 5.5 acres of gardens with a Licensed Restaurant, Pools, Spa, Sauna, Games Room, Tennis Court, BBQ areas, Kiosk & Tours Desk, it is almost impossible not to!

The Resort is wonderfully located by a nature reserve just one block from Kellys Beach, the main swimming beach in Bargara, so you have the benefit of being close to the beach as well as being protected from the main road by a natural creek & forest area.

Net Profit: $378,357
Asking Price: $1,400,000
(Inclusive of manager's real estate)



For further information or to arrange an inspection of this Management Rights business for sale contact:



Management Rights Broker
Michael Philpott

Property Code: 630

Business Summary

Business Snapshot

Price: $1,400,000 Net Profit: $307,787

Managers Unit

Value of Managers Apartment: $475,000Office: On Title
Reception Office, Storage areas, Restaurant / commercial kitchen / Bar / Kiosk, Conference room, Balcony / alfresco area

Complex Information

Complex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 41Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesSauna: YesTennis Court: YesGames Room: YesBBQ Area: YesFunction Facilities: Yes
Marketing Agent
Michael Philpott
Michael Philpott

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%

Listing location
Gallery

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