Added 1 day ago
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
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
- 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
External websites
Property ID: 504742956Last Updated: 21 Nov 2024
04778822...
Address available on request
Mission Beach, QLD 4852
ResortBrokers - WEST ENDPO BOX 5004
WEST END, QLD 4101
WEST END, QLD 4101