Prime Beach Front Holiday Resort, Woorim Beach,
Bribie Island - 1P4426MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
A fundamentally strong business at 60% occupancy. The now well established new business/repeat business ratio translating into a solid growth trend line. With growth trending at better than 6% for each of the last three years, this business provides a solid return on investment of 20%. The location needs to be seen to be fully appreciated. Each apartment enjoys ocean views across the northern tip of Moreton Island and further across the Coral Sea. With beach driving access only four hundred metres north of the resort, this holiday destination provides for all tastes be they relaxation/serenity or adventure/environmental appreciation. All resort facilities provided to the highest standard yet the office reception hours are discretionary.

TOTAL NUMBER OF UNITS : 37
UNITS IN LETTING POOL : 28
MANAGERS RESIDENCE : 4 Bedroom, 2 bathroom, 2 cars

NET PROFIT : $364,000

REAL ESTATE PRICE : $ 685,000
BUSINESS PRICE : $1,780,000
TOTAL ASKING PRICE : $2,465,000
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Business Name / Ref #:
Contact Advertiser
Location:
Bribie Island
QLD
Asking Price:
$2,465,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0401 81.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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Prime Beach Front Holiday Resort, Woorim Beach, Bribie Island - 1P4426MR ListingImage
About this business
A fundamentally strong business at 60% occupancy. The now well established new business/repeat business ratio translating into a solid growth trend line. With growth trending at better than 6% for each of the last three years, this business provides a solid return on investment of 20%. The location needs to be seen to be fully appreciated. Each apartment enjoys ocean views across the northern tip of Moreton Island and further across the Coral Sea. With beach driving access only four hundred metres north of the resort, this holiday destination provides for all tastes be they relaxation/serenity or adventure/environmental appreciation. All resort facilities provided to the highest standard yet the office reception hours are discretionary.

TOTAL NUMBER OF UNITS : 37
UNITS IN LETTING POOL : 28
MANAGERS RESIDENCE : 4 Bedroom, 2 bathroom, 2 cars

NET PROFIT : $364,000

REAL ESTATE PRICE : $ 685,000
BUSINESS PRICE : $1,780,000
TOTAL ASKING PRICE : $2,465,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$2,465,000

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