Pelican Waters, Queensland


Property Description

Large Hotel Style Management rights | Resort Brokers ID : MR005874

This is a significant asset which would sit well within a hotel or property group’s portfolio. An experienced operator with a good distribution network has the potential to add considerable further value to this asset in a relatively short time frame.

  • 75 keys in letting pool – potential to gain more

  • 220 seat restaurant and bar

  • Full commercial gym with 250+ members

  • Full conference and event facilities

  • Day spa

  • General hotel liquor licence with provision to operate external bottle shops

  • Strata titles to 4 lots to be leased or sold if required

  • Suit hands-on entrepreneurial operator with vision

  • Extensive freehold component

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $2,000,000 Net Profit: $134,000 Remuneration / Body Corp Salary: $255,419

Managers Unit

Value of Managers Apartment: $1,200,000Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 102Total Units in Letting Pool: 75Holiday Units: 75Agreement Term Remaining: 16 years

Marketing Agent

Marketing Agency


Glenn Millar


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Property Map

Map Location ( get directions )

Pelican Waters, Queensland 4551 Exact map location not provided

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