Beachfront Accommodation & Car Hire

BEACHFRONT ACCOMMODATION & CAR HIRE

Stock Included: Yes Stock Value: —

Years Est: 10 Gross Revenue: Approx. 600k per annum.

Holiday accommodation and car hire business. Established for 10 years. Run your own business or leave current managers in place. Car hire fleet of 20 vehicles. Courtesy vehicle for guest pick-ups is a Silver Shadow Rolls Royce.  Income guaranteed by 2 sources  car hire and accommodation.  

Location

Absolute beachfront. Tropical Far North Queensland location - Magnetic Island just off Townsville.

Premises

- Newly renovated Guesthouse, 10 rooms, 6 of which are ensuited
- 4 safari tents in the tropical gardens
- 2 bed 2 bathroom beachfront cottage and
- 1 bed unit for owners/managers 

Land

Total Area 2.024m2 made up of two blocks x 1,012m2 each

Potential

Two separate FREEHOLD blocks on two separate titles. Apartments can be built on these blocks guaranteeing land value. Retirement income guaranteed by future development of the blocks - six units per block possible 

Comments

Sold as a going concern with entire inventory in place - nothing else to do or buy. Suit working hands on couple. Business has been run under live in management for past 10 years. Business is showing a turnover of approx. 600k per annum and a net back of approx $30%.

Guaranteed value of the freehold property build now or later approx. 12 , 3 bed 2 bath 2 car accommodation luxury ocean front apartments valued at approx. 1million each

Contact
Please contact the owner direct on 0417717781 - please do not contact the business

Additional Details

Years Established: 10
Gross Turnover: Approx. 600k per annum.
Stock Included: Yes
Number of Employees: 2
Car Spaces: Unlimited
Property Size: 2000m2
Property Title Included: Yes
Business Relocatable: No
Business Operated from Home: Yes
Local Council: Townsville