B&B with water views on 8 acres

Whitsundays - Queensland

Water views; 8 acres; luxury B&B selling at less than land value… what more could you ask for?

The owners of this property are highly motivated and all offers will be considered. Perfect as a lifestyle change with the potential to develop down the track.

VALUE:
- 2009 Valuation showed $5.26mil
- Financial projections showing very high net profit available for B&B and/or resort operation
- Rezoned to allow building of a boutique resort, DA prepared (vendor will consider finalising DA if required)
- A perfect candidate for self managed superannuation funds, with a prestigious lifestyle attached for an owner operator

THE PROPERTY
- Airlie Beach, on the Whitsunday Coast
- Stunning views
- On over 8.5 acres
- Helipad

A bit of work will bring this property back up to its former glory. A true extression of luxury.

A full Information Memorandum, financial projections and plans are available.

The Facts

Offers over $2mil
Freehold and business
REF
Q611

Operating Status
Not operating- Potential
Tourism Region
Whitsundays, Queensland
Guest Bedrooms
4

Guest Bathrooms
4

Owner Bedrooms
1

Owner Bathrooms
1

Financials
Projected yields well over 10%

Land Size (approx)
34,900 sqm
(8.62 acres , 3.49 ha)

Inspection: By appointment only