$640K MR & $650k Unit = Total $1.290M

This exceptional beachfront resort offers an unbeatable lifestyle and investment opportunity, with direct access to the sand and uninterrupted ocean views from every unit. The complex is a high-quality 4.5-star property featuring 37 fully furnished one, two, and three-bedroom apartments.

Located near the newly opened Bowen Orbital Spaceport, the resort is ideally positioned to attract visitors for rocket launches, with the first test launch expected in 2024. As satellite demand grows, the spaceport is anticipated to become a major drawcard, enhancing the region's appeal. Currently operated under management, the resort boasts strong repeat business and a loyal clientele with significant upside potential for the next operator to build upon its existing success and expand further.

- NOP - $239,635 in FY23 @ 2.75x multiplier and 18% ROI, discounted to sell, offers over $1.290M considered
- BC Salary $114,800.55
- 25-year Accommodation Module with 22yrs remaining

Manager’s unit, valued at $650,000, is a spacious two-bedroom apartment with a balcony offering ocean views, a private ground-floor courtyard with lawn and garden, and a reception/office on title.

Resort amenities include direct beach access, a saltwater swimming pool and spa, secure basement parking, and two lifts. An onsite restaurant, independently operated by a third party, has been a longstanding feature of the property.

This is a rare opportunity to live and work in a beachfront paradise, with plenty of potential to grow the business and capitalize on the region's rising prominence. Don't miss out on this exceptional property - secure your future in one of QLD's most sought after locations today!

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