Property

Description

Fresh from an extensive circa $1.8M renovation, the Hotel stands proudly in an enviable beachfront location. Regarded as a prestigious accommodation, dining and function venue, the property is now offered for sale via an exclusive off market campaign for the first time since 2011.

The architecturally designed resort hotel rises above the tree line with ocean views and sea breezes, featuring:
- Freehold land holding 3,275sqm of absolute beachfront land
- 47 accommodation units over 5 levels
- Licensed restaurant, bar and alfresco dining overlooking the resort pool
- 3 function rooms with commercial kitchens
- Large guest reception with dedicated back of house offices
- Undercover and off street parking
- Tropical landscaped gardens
- Solid rendered block and concrete construction

The Hotel has been tightly held and has demonstrated strong trading performance over several decades. Currently operated under a leasehold structure, both the long term lessee and lessor are looking to simplify their operations, creating a unique opportunity for the astute investor. Significant future growth potential is available for the next owner through various income departments.

Do not miss the opportunity to acquire an iconic trophy asset located in growth region, with a long history of solid trading.

Queensland Tourism & Hospitality Brokers has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.