REDCLIFFE QLD 4020

$1.41M MR & $880k Unit = Total $2.29M

Beautifully Appointed Holiday Complex: Outstanding Investment Opportunity

- REDCLIFFE QLD

$1.41M MR & $880k Unit = Total $2.29M

This short-term holiday complex presents an outstanding investment opportunity with a management agreement in place for 25 years, with 22 years remaining. Situated in the heart of Redcliffe, this prime location offers easy access to all the vibrant restaurants, cafés, and the stunning waterfront, all just a short stroll away. Whether you’re in the mood for a leisurely seaside walk or exploring local dining spots, everything you and your guests need is within reach.

The manager’s unit offers spacious living with 3 bedrooms, 2 bathrooms, and parking for 2 cars. There’s potential to convert the unit into a dual-key setup, allowing one bedroom to be rented separately for additional income, which is not reflected in the current P&L.

– Nett Profit: $322k
– Business Price: $1.41M @ 4.33x
– Unit Price: $880k
– Total Price: $2.29M

The complex features fantastic guest amenities, including a swimming pool, fitness centre, BBQ area, and secure parking. The low-maintenance gardens create a relaxed, welcoming atmosphere. A conference room with a private courtyard offers great potential for hosting events and functions, providing an additional revenue stream.

With the current owners focused on other ventures, this property is priced for a quick sale. Whether you’re looking for a solid investment or an exciting new hospitality project, this complex offers exceptional value and opportunity.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

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REDCLIFFE QLD 4020

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