Wandoan, Queensland

1017CPF - Freehold Going Concern Opportunity Rural Resort near Billions in Investment Infrastructure

SOLD

Business Description

Option 2 Freehold and Development / Expansion Land - Additional adjoining parcel of land area B consisting of 12,430 ²M – Approximately 3 acres being Lot 2 on RP170166 available for additional $1,630,000 making the total price including the additional land $5,880,000.

- Turning over in excess of $7,500,000 per annum.

- Huge upside with long term growth.

- In excess of $16M replacement value.

- 171 rooms opened and built in 2006 run under management with 62 of the rooms stand-alone duplex style buildings.

- 90% occupancy for more than the past 10 years.

- Significant number of projects in the area with significant demand for accommodation.

- Largest concentration of existing and approved gas wells in Australia.

- Home to the biggest gas compression plant and pipe heads.

- Close to a significant coal mining lease approved in 2017 and due for construction in 2021.

- Low sulphur rich coal resource is part of the "Clean Coal" energy push by governments worldwide.

- Close to a proposed 1,000-megawatt Solar farm over 5,000 acres due to commence construction in 2019 and come online in 2020.

- Construction and operational phases of Gas, Coal and Solar projects accounting for over $200 billion in known and approved energy resources.

- 220 km rail link project connecting to port recently approved.

- 180 seat licensed restaurant.

- Fully equipped commercial laundry and sub-laundries.

- Rec rooms, gymnasium and pool.

- Extensive bus bay, parking and roadways.

- Includes adjoining 3 acre parcel of land.

Opportunity to secure a prime property business and freehold going concern, strategically positioned amongst billions of dollars of infrastructure. Built with the market in mind, the existing business and staff has strong forward bookings and are generating real profits.

This is a genuine opportunity made by the board to liquidate the holding and the purchaser will have significant growth, rewards and a strong cashflow return going forward. For full details, call us for a comprehensive and detailed information memorandum.

Net Profit: Available upon completion of confidentiality agreement

Option 1 Freehold Going concern excluding adjoining land options and lease back $4,250,000

Option 3 available if option 2 exercised - Leaseback available $400,000 p.a. or as negotiated and terms included in the $5,880,000 purchase price.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1017CPF (quote when enquiring)

Property Code: 3115

Business Summary

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. The business is a freehold going concern opportunity located in a rural resort.
2. The property is near billions of dollars in investment infrastructure.
3. There is an option to purchase an additional adjoining parcel of land for expansion.
4. The total price including the additional land is $5,880,000.
5. The business has a turnover of over $7,500,000 per annum.
6. There is significant potential for long-term growth.
7. The replacement value of the property is over $16 million.
8. The resort has 171 rooms, including 62 stand-alone duplex style buildings.
9. The resort has maintained a 90% occupancy rate for the past 10 years.
10. There is a high demand for accommodation due to numerous projects in the area.
11. The area has the largest concentration of existing and approved gas wells in Australia.
12. The property is close to a major gas compression plant and pipe heads.
13. A significant coal mining lease has been approved and construction is set to begin in 2021.
14. The coal resource is low in sulphur and part of the "Clean Coal" energy push.
15. A 1,000-megawatt solar farm is set to begin construction in 2019 and come online in 2020.
16. The energy projects in the area account for over $200 billion in known and approved resources.
17. A 220 km rail link project connecting to a port has recently been approved.
18. The resort has a 180 seat licensed restaurant.
19. There is a fully equipped commercial laundry and sub-laundries.
20. The resort has recreational rooms, a gymnasium, and a pool.
21. There is an extensive bus bay, parking, and roadways on the property.
22. The purchase includes an adjoining 3 acre parcel of land.
23. This is a genuine opportunity to secure a prime property and business with strong forward bookings and