1. Home
  2. »
  3. Properties For Sale
  4. »
  5. 2543MI - Long Term Strategic Investment - Resort Asset

ROCKHAMPTON CITY QLD, 4700

For Sale
https://dduaaywsz-res-5.cloudinary.com/image/upload/v1595211968/kpit96wkpny6pbo4anat.jpg

Property for Sale in ROCKHAMPTON CITY QLD, 4700

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11380578
Status:
Active
For:
Sale
Price:
Investment $8,000,000
Last Updated:
20/07/2020
Icon building

Property Type

Hotel/Leisure
Icon square

Land Area

9055 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

2543MI - Long Term Strategic Investment - Resort Asset

Portion of 3.81ha Masterplanned development - subdivided into smaller portions as part of a strategic plan for growth.

Adjoining a modern Conference Centre/Functions and Wedding facility opened in 2018 as part of the Korte Resort area - offered as one or offered seperately.

Substantial 40 year lease of this modern diverse resort property, provides peace of mind for the incoming purchaser.

With the intention to now focus on the operation and expand further into Weddings, Conferences and Training, the decision has been made to offer this superb facility to the investment market.

- Resort asset.

- 52 Room resort/restaurant opened in 2016.

- Price: $8,000,000.

- Rent: $480,000 (yield at 6%).

- Lease term: 40 years.

- Consistent year on year growth, with Rockhampton being a strong accommodation city.

- Strong depreciation schedule.

- Room for further expansion.

- Full commercial liquor license.

Part of a truely luxurious tropical oasis near the new residential heart of Rockhampton, A new bonus for the additional growth of the property is a new development that Stocklands have just announced. The site is opposite and will add significant momentum to the properties growth. The Stocklands development known as Ellida, is a 2,290-lot subdivision on a 278ha site in Parkhurst, 10km from the Rockhampton CBD, comprised of houses and duplexes, open spaces including a district park, and a regional community facility, with the potential to include low scale commercial development. Backing onto McLaughlin Street, the master planned community by Stockland Development Pty Ltd will be constructed in eight stages.

Near new, the operators and builders have combined years and skills of many operations to build a property that flows, adds value and meets the consumers expectations of luxury.

Whether guests are gathering for a wedding, conference, overnight stay or night out, this state-of-the-art venue is the perfect choice – at the right price.

Annual Rent: $480,000 plus GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property Id: 2543MI (quote when enquiring)

Property Code: 3441

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


More properties from Tourism Brokers
For Sale
DUBBO NSW, 2830

DUBBO NSW, 2830

Hotel/Leisure
For Sale
BALGAL BEACH QLD, 4816

BALGAL BEACH QLD,...

Hotel/Leisure
For Sale
COFFS HARBOUR NSW, 2450

COFFS HARBOUR NSW...

Hotel/Leisure
For Sale
BAIRNSDALE VIC, 3875

BAIRNSDALE VIC, 3875

Hotel/Leisure
Sold
COWRA NSW, 2794

COWRA NSW, 2794

Hotel/Leisure
For Sale
NARROMINE NSW, 2821

NARROMINE NSW, 2821

Hotel/Leisure
More properties from Rockhampton City
For Lease
5/160 Bolsover Street, ROCKHAMPTON CITY QLD, 4700

5/160 Bolsover St...

RetailOffices
Leased
47 East Street, ROCKHAMPTON CITY QLD, 4700

47 East Street, R...

RetailOffices
For Lease
195 Bolsover Street (Top Floor), ROCKHAMPTON CITY QLD, 4700

195 Bolsover Stre...

OfficesRetail
For Lease
Shop 1/75 East Street, ROCKHAMPTON CITY QLD, 4700

Shop 1/75 East St...

Retail
For Lease
Suite 2 & 3/31 Denham Street, ROCKHAMPTON CITY QLD, 4700

Suite 2 & 3/31 De...

OfficesOfficesOffices
For Lease
116 East St, ROCKHAMPTON CITY QLD, 4700

116 East St, ROCK...

RetailOfficesShowrooms/Bulky Goods
Loading...