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
1. Absolute waterfront freehold in tightly held Cleveland, architect-designed three-level property combining a luxury residence and boutique accommodation business.
2. Fully refurbished and immaculately maintained in 2020, offering high-end finishes, open-plan living and expansive verandahs and alfresco spaces.
3. Business comprises six guest bedrooms across multiple units plus two bathrooms and a separate open-plan dining room, enabling blended residential and commercial use.
4. Lavish self-contained two-bedroom guest villa with private pool, spa and Moreton Bay views, recent kitchen fit-out of $85,000, currently achieving a $430 per night tariff.
5. Onsite luxury residence includes three bedrooms, double garage and storage, supporting on‑site ownership or manager accommodation.
6. Strong on-site amenities include heated pool, spa, private waterfront deck, kayaks, BBQ and multiple entertaining areas enhancing guest experience.
7. Adjusted Net Profit $103,470 for 2023/24 at 50% occupancy, demonstrating current profitability under owner-limited operations.
8. Currently owner-operated with minimal overheads and 50% occupancy by choice, offering clear upside to increase revenue and profitability.
9. Identified growth levers include scaling to 100% occupancy, targeting corporate, interstate and international guests, and converting a second level into two additional guest units.
10. Prime location minutes from Raby Bay Marina, restaurants, cafes, shops and bars, with a nearby commercial hotel undergoing a multi-million dollar refurbishment expected to boost visitor numbers.
