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CBRE - Townsville

24 The Cove Road Airlie Beach, QLD 4802

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24 The Cove Road,
Airlie Beach, QLD 4802

Hotel, Motel & Leisure • Other

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CBRE - Townsville
Neville Smith

CBRE - Townsville

Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
CBRE - Townsville
24 The Cove Road
Airlie Beach, QLD 4802

Map of 24 The Cove Road

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Ultra-Rare Opportunity to Acquire a Generational Waterfront Investment | Cruise Whitsundays Terminal & Marina

  • Irreplaceable waterfront position
  • WALE of 10 years*
  • Fixed 3% annual rent increases
Burgess Rawson from CBRE in conjunction with JLL are pleased to offer to the market The Port of Airlie, for sale via Expressions of Interest closing Thursday 20 November 2025 at 2pm AEST.

This opportunity has the following investment highlights:

+ Ultra-rare opportunity to acquire a generational, passive waterfront offering within the iconic and rapidly expanding Whitsundays - The Port of Airlie serves as a gateway terminal serving 1 million+ annual visitors to the Whitsundays and Great Barrier Reef
+ Irreplaceable waterfront position with 310 linear metres* of pontoon infrastructure and fuelling facilities, connecting the mainland to iconic island destinations including Hamilton Island, Daydream Island, and Reef World
+ Immaculately positioned modern terminal building constructed in 2014, and well-maintained marina infrastructure with 155m* of direct water frontage
+ Situated within the Whitsundays national park/marine park. Scarce developable waterfront land and restricted marine permits create a protected market position
+ Fully leased to Cruise Whitsundays with a WALE of 10 years*
+ Net lease structures with fixed 3% annual increases ensuring continued income growth
+ The water rights for the Marina are provided by a 94 year leasehold to 2108, providing exceptional long-term tenure security
+ Cruise Whitsundays: part of the Journey Beyond group founded in 2003 and a leading marine tourism operator throughout Airlie Beach, employing 150+ people
+ Journey Beyond: operating several experiential tourism businesses including the Ghan, Indian Pacific and The Overland Rail
+ Thriving international tourism location, reaching a record high of $243 million in March 2035, an 18% increase year on year*
+ Whitsundays economy generates $3.7 billion annually with tourism contributing $1.6 billion. The region recorded 120+ cruise ship arrivals in FY2024. Queensland Government has also designated Greater Whitsundays as a strategic growth corridor with a pipeline of connectivity and accommodation investments*
+ Net Income: $1,877,019 pa* + GST

For further details or to arrange an inspection contact the exclusive agents Neville Smith or Craig Chapman of Burgess Rawson from CBRE or Jacob Swan or Liam Cox of JLL

For Sale via Expressions of Interest
Closing 2pm (AEST) Thursday 20 November 2025

*Approx.

Airlie Beach, 4802 demographic data

1,312
Population
$1,562 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
CBRE - Townsville
Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
CBRE - QLD
Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

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