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Address available on request Bargara, QLD 4670

For Sale

Address available on request Bargara, QLD 4670

Hotel & Leisure
Sale Price

$1,216,000

Floor area

1.0m²

UNDER CONTRACT - Bargara Beachside Resort Near Golf Club - 1P4274MR

BEACHSIDE MANAGEMENT RIGHTS FOR SALE - EXCLUSIVE TO CRE BROKERS
Beautifully presented, and ideally located is Bargara beachside resort. The new manager for this resort will enjoy living in one of the best manager’s units in the industry; 3 bedrooms, ensuite with spa, spacious kitchen and large office and reception attached on title. The property is a mere 200 metres from Kelleys Beach, with its family friendly lagoon. For golfing enthusiasts, the First Tee is literally across the road.

A total of 15 luxury units are in the letting pool; some 2 and some 3 bedroom apartments – all have rooms that can be locked down as required by demand.

A brand new CT agreement on Accommodation Module is in place, with salary (currently $55,000pa) reviewed annually according to CPI. Verified Financial figures are available, demonstrating a net return of $204,000 pa.

TOTAL NUMBER OF UNITS: 30
UNITS IN LETTING POOL: 15

MANAGERS RESIDENCE: 3 bed, 2 bath (spa) large office and reception on title.

NET PROFIT: $204,000
REAL ESTATE PRICE: $400,000
BUSINESS PRICE: $816,000
TOTAL ASKING PRICE: $1,216,000

Property ID: 503006542Last Updated: 19 Jun 2019

0414 *** ***
Address available on request
Bargara, QLD 4670

Agency contacts

CRE Brokers - Australia

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CRE Brokers - Australia

Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
  • Ronnie Slebos - Business Broker - Central Qld

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Ronnie Slebos - Business Broker - Central Qld
CRE Brokers - Australia
Address available on request Bargara, QLD 4670

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  • Ronnie Slebos - Business Broker - Central Qld

    CRE Brokers - Australia
    0414 *** ***