Redcliffe, Queensland
Beautifully Appointed Holiday Complex – Outstanding Investment Opportunity
$1.41M MR & $880k Unit = Total $2.29M
Business Description
This short-term holiday complex presents an outstanding investment opportunity with a management agreement in place for 25 years, with 22 years remaining. Situated in the heart of Redcliffe, this prime location offers easy access to all the vibrant restaurants, cafés, and the stunning waterfront, all just a short stroll away. Whether you're in the mood for a leisurely seaside walk or exploring local dining spots, everything you and your guests need is within reach.
The manager's unit offers spacious living with 3 bedrooms, 2 bathrooms, and parking for 2 cars. There’s potential to convert the unit into a dual-key setup, allowing one bedroom to be rented separately for additional income, which is not reflected in the current P&L.
- Nett Profit: $322k
- Business Price: $1.41M @ 4.33x
- Unit Price: $880k
- Total Price: $2.29M
The complex features fantastic guest amenities, including a swimming pool, fitness centre, BBQ area, and secure parking. The low-maintenance gardens create a relaxed, welcoming atmosphere. A conference room with a private courtyard offers great potential for hosting events and functions, providing an additional revenue stream.
With the current owners focused on other ventures, this property is priced for a quick sale. Whether you're looking for a solid investment or an exciting new hospitality project, this complex offers exceptional value and opportunity.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Key Investment Insights
Key Insights:
1. Prime location in the heart of Redcliffe, offering easy access to restaurants, cafés, and the waterfront.
2. Management agreement in place for 25 years, with 22 years remaining.
3. Potential to convert the manager's unit into a dual-key setup for additional income.
4. Nett profit of $322k and business price of $1.41M at 4.33x multiplier.
5. Total price of $2.29M, including the manager's unit.
6. Fantastic guest amenities, including a swimming pool, fitness centre, BBQ area, and secure parking.
7. Low-maintenance gardens create a relaxed, welcoming atmosphere.
8. Potential for additional revenue stream through hosting events and functions in the conference room.
9. Priced for a quick sale due to current owners focusing on other ventures.
10. Exceptional value and opportunity for investors or those looking for a new hospitality project.
