Queensland
Waterfront Property within Resort
$995,000 + GST if applicable
Business Description
Beachfront resort complex - offer includes the sale of Lot 37 which includes the main building made up of reception, restaurant, bar, function rooms, two bedroom residence and one resort villa.
The offer includes:
* 2 bedroom fully self contained villa
* A two bedroom residence above the reception/office area
* Restaurant and bar facility that includes indoor and outdoor dining areas that overlook the pool and has limited ocean views (not operating)
* Function/Conference room that includes indoor and outdoor areas that overlook the pool and has limited ocean views (not operating)
* Large reception/office area that can service the entire complex
* The complex was constructed in approximately 1997
* The main resort building has a huge amount of different future options available such as reopening the restaurant, bar and function rooms for catering in and out, adding additional units within (STCA), or other business options to operate from such a large 731sqm building (approx).
* A total area of 897sqm of beachfront property for only $995,000 (+ GST if applicable)
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
Business Summary
Key Investment Insights
1. Waterfront beachfront lot included, total area 897sqm, offering direct resort frontage and tourism appeal.
2. Sale comprises Lot 37 with the main building approximately 731sqm, enabling multiple operational uses from one asset.
3. Main building configuration includes reception, restaurant, bar, function rooms, two bedroom residence above reception, and one two bedroom fully self contained villa, providing immediate accommodation capacity.
4. Restaurant and bar facilities feature indoor and outdoor dining overlooking the pool with limited ocean views, currently not operating and ready for reactivation.
5. Function and conference room include indoor and outdoor areas overlooking the pool with limited ocean views, currently not operating and suitable for events and catering.
6. Large reception and office area capable of servicing the entire resort complex, supporting centralised operations and guest management.
7. Property constructed circa 1997, indicating established resort infrastructure and potential need for refurbishment or upgrades.
8. Clear redevelopment potential, including reopening F&B and function services, adding additional units within the existing building subject to council approval, or alternative business uses from the large floor area.
9. Listed price $995,000 plus GST if applicable, presenting a single-asset acquisition within a resort context.
10. Broker statement advises information compiled from believed reliable sources and recommends buyer due diligence, signalling standard caveats on accuracy and entitlement.
