Cleveland, Queensland
BRISBANE BAYSIDE MODERN RESIDENCE AND GUEST HOUSE - 2881MF
FREEHOLD $4,100,000
Business Description
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
Key insights for this business for sale listing include:
- Rare opportunity to purchase a prestigious, architect-designed freehold waterfront property in the heart of Cleveland.
- Property includes a three-level residence with six bedrooms, two bathrooms, and open plan dining room with stunning views.
- Also includes a self-contained two-bedroom guest villa with private pool and spa, as well as a luxury residence with three bedrooms and a double garage.
- Recently refurbished in 2020 and impeccably maintained.
- High-end finishes, open-plan living, and expansive verandahs and alfresco spaces.
- Features a heated pool, spa, kayaks, waterfront deck, BBQ, and entertaining areas.
- Strong performance with significant potential for growth in revenue.
- Currently operated by a single owner who is looking to retire and downsize.
- Close proximity 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.
- Unlimited potential to increase turnover, including the option to utilize a second level as two guest units.
- A nearby commercial hotel undergoing a multi-million dollar refurbishment is expected to attract even more visitors and tourists.
- Ideal opportunity for those looking to invest in a boutique coastal lifestyle business or secure a blue-chip waterfront property with flexible future use.
- Adjusted Net Profit of $103,470 projected for 2023/24 at 50% occupancy (as provided by the vendor).
