For Sale Exclusive
Work & Live in Your Own Slice of Paradise on the Southern Great Barrier Reef
Bargara, QLD, 4670
Resort Management Sales are pleased to exclusively present the highly sought-after management rights business opportunity for C Bargara Resort, a prestigious holiday destination situated on the coastline of the picturesque Southern Great Barrier Reef and Coral Coast. Price includes 16 Holiday Letting Pool Apartments at C Bargara Resort and 15 offsite properties that are managed and serviced via C Bargara. These have been developed and nurtured over the last 5 years with many being high end high commission earners. The majority of these offsite properties are within a short drive from C Bargara, some even within walking distance with the furthermost property only 10mins from C Bargara. All housekeeping for the offsite properties is managed and coordinated from C Bargara. Very little hands on required by Management, owners have Garden contractors etc. A unique opportunity exists to continue to grow these given the reputation achieved for offsite property Investors to have confidence in the best management. Full agents license required for the offsite properties but also provides the ability to do sales in the Resort if they come up or around Bargara.
- The Best of the Best must stay location on the Southern Great Barrier Reef
- Superior location at the waterfront close to all amenities and swimming beaches
- Coastal Paradise with Rock pools & Coral within minutes of the thriving City just 15 minutes away
- Strong Direct booking history and high guest return rate including Corporate bookings ensuring consistent occupancy year round
- Perfectly placed to continue to capitalise on the drive market between Rockhampton to the Gold Coast
- Continues to enjoy sustained occupancy along with significant growth in the average nightly rate
- Accor branding (franchise) with huge membership base for stays
- Highly rewarded and regarded – maintaining No1 on Trip Advisor and placed in the top 1% of Hotels reviewed worldwide.
- Historic maintenance history for Building
- Ideal building for a start-up or experienced management couple
- Liquor License for minibar that includes several local flavours in rooms and from Reception
The manager's residence is a large three bedroom apartment that is positioned above the reception and resort gymnasium. It is situated at the southwest corner of the main building separate to main building with restricted ocean views enjoyed down the side of the main building from the lounge and front deck. The property is fully air conditioned and has ceiling fans in the bedrooms, dining and lounge, and it includes two car spaces. Recent upgrades to the managers residence include ducted airconditioning in the bedrooms, LED downlights throughout, new appliances and a new hot water service.
Net Income: $511,722
Manager's Unit Value: $900,000
Remuneration: $82,631 ex GST
Bargara, QLD, 4670