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Address available on request Mission Beach, QLD 4852

Address available on request,
Mission Beach, QLD 4852

Hotel, Motel & Leisure
Added 1 day ago

Price information

Sale

$7,995,000

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.

Map

Directions

Acquire a Prime Investment - Modern Amenities and Loyal Customer Base | Resort Brokers ID : FH008537

ResortBrokers is thrilled to showcase the iconic Castaways Resort and Spa in the heart of Mission Beach. This exceptional property boasts over 100m plus of absolute Beach frontage, offering breathtaking views and an unparalleled location. The current owners are offering a flexible lease to buy option, a unique proposition that allows you to enjoy the benefits of steady cash flow as you pay off the asset over time.


- Absolute Beach frontage spanning over 100m plus in the heart of Mission Beach.
- The current annual turnover exceeds $5 million with projected net returns surpassing $1.4 million.
- Potential for revenue growth through room renovations and tariff increases.
- Resort facilities include a day spa, licensed lawn area, functions deck, and pavilion, which add additional revenue streams from destination weddings, corporate retreats, and private events.
- Across the road, the vendor owns a detached motel featuring 18 additional keys that can be included or excluded from the purchase.
- Over $1.5 million invested in improvements over the past 18 months
- The property is sold with development approval for a further 44 keys and new expanded multi level conference facility
- It is strategically located under 2 hours from Townsville and Cairns, capturing both markets.
- Inspections are by appointment only

Additional information

Property ID: 504742956Last Updated: 21 Nov 2024

04778822...
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Address available on request
Mission Beach, QLD 4852

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