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240 Shute Harbour Road Airlie Beach, QLD 4802

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240 Shute Harbour Road,
Airlie Beach, QLD 4802

Hotel, Motel & Leisure • Development Sites & Land

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CLUB CROCODILE RESORT

CBRE Hotels is pleased to offer for sale the iconic Club Crocodile Airlie Beach Resort.

Key investment highlights:

- 161 room resort - one of the largest accommodation offerings on the Whitsunday coast.
- $1.3 million* major refurbishment in 2014/15, with 75 rooms presenting 'as new'.
- Substantial facilities - large restaurant and bar, swimming pool, tennis court, meeting venues.
- Offers Vacant Possession and a manager's residence - upside potential through rebrand/refurbishment.
- Large 1.3ha* freehold site with redevelopment opportunities including resi-conversion (STCA).
- Frontage to the major arterial highway offering prominent exposure to passing traffic.
- The Whitsundays have recently seen double digit growth in accommodation market performance in the past 18 months off the back of record tourist arrivals and passenger movements.
- $2+ billion in major development projects including the new international airport opening in 2016.

FOR SALE BY EXPRESSION OF INTEREST CLOSING THURSDAY 12TH MAY 2016 AT 1:00PM (AEST) (UNLESS SOLD PRIOR)

Property ID: 501915482Last Updated: 20 Sep 2017

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240 Shute Harbour Road
Airlie Beach, QLD 4802
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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