Cleveland, Queensland
BRISBANE BAYSIDE MODERN RESIDENCE AND GUEST HOUSE - 2881MF
FREEHOLD $4,100,000
Business Description
FREEHOLD MOTEL
A rare opportunity to secure a prestigious, architect-designed freehold waterfront property in the heart of Cleveland, just minutes from Raby Bay Harbour’s world-class marina, restaurants and cafes. Moreton Bay Beach Lodge is a beautifully appointed three-level residence offering both a high-end lifestyle and lucrative boutique accommodation business consisiting of six bedrooms, two bathrooms and separate open plan dining room with amazing views.
Fully refurbished in 2020, the property is currently run by a single operator with minimal overheads. With strong occupancy and a stunning waterfront location, this is a standout lifestyle investment with serious upside.
- Absolute waterfront freehold in tightly held Cleveland.
- Lavish, self-contained two-bedroom guest villa with private pool, spa and views of Moreton Bay across to Stradbroke Island. Recent kitchen fit-out of $85,000. $430 per night tariff.
- Onsite luxury residence with three bedrooms, double garage and storage.
- Fully refurbished and immaculately maintained (2020).
- High-end finishes, open-plan living, expansive verandahs and alfresco spaces.
- Heated pool, spa, kayaks, waterfront deck, BBQ and entertaining areas.
- Strong performance with significant upside to grow revenue.
- Currently operated by a single owner wanting to retire and down size.
- Moments to Raby Bay Marina, shops, bars, dining and Brisbane access.
- Strong demand from international, interstate and Corporate guests with potential to run at 100% occupancy if desired (Currently 50% occupancy by Owner choice).
- Unlimited potential to increase turnover including a second level being utilised as two guest unit.
- A commercial hotel within walking distance that is currently undergoing a multi-million dollar refurbishment will further attract visitors and tourists.
This is an exceptional opportunity to invest in a boutique coastal lifestyle business or secure a blue-chip waterfront property with flexible future use.
Adjusted Net Profit: $103,470 for 2023/24 @ 50% occupancy (as provided by vendor)
Contact Laurence Crowely from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2881MF (quote when enquiring)
Property Code: 5256
Business Summary
Key Investment Insights
1. Absolute waterfront freehold in tightly held Cleveland, minutes from Raby Bay Marina and waterfront dining.
2. Architect-designed three-level residence combined with a boutique guest house, providing lifestyle and accommodation revenue streams.
3. Six guest bedrooms and two bathrooms plus a separate open-plan dining area offering guest-focused layout.
4. Lavish self-contained two-bedroom guest villa with private pool and spa, recent $85,000 kitchen fit-out, commanding a $430 per night tariff.
5. Onsite luxury owner residence with three bedrooms, double garage and storage, enabling onsite management or owner living.
6. Fully refurbished and immaculately maintained in 2020, with high-end finishes, expansive verandahs and alfresco entertaining spaces.
7. Multiple luxury amenities including heated pool, spa, kayaks, waterfront deck, BBQ facilities and excellent bay views to Stradbroke Island.
8. Currently single-operator model with minimal overheads, adjusted net profit $103,470 for 2023/24 at 50% occupancy.
9. Clear upside to materially increase revenue, vendor notes potential to operate at 100% occupancy and convert second level into two additional guest units.
10. Strong demand from international, interstate and corporate guests, positioning the business for premium pricing and higher occupancy.
11. Location benefits include walking distance to shops, bars and a nearby hotel undergoing a multi-million dollar refurbishment, likely to increase visitor flow.
