16 Business / Investment Property Guide - CRE Brokers

 
16 Business / Investment Property Guide - CRE Brokers
Business / Investment Property Guide
EDITION #16
                                       16
16 Business / Investment Property Guide - CRE Brokers
CRE BROKERS

    Welcome to the
    16th Edition of Infocus
    Our thoughts are with the communities who’ve been impacted by the recent devastating
    bushfires around Australia.
    We are deeply sorry if you’ve experienced loss or devastation as a result of the bushfires.
    We are uncertain of the fallout of the ongoing Corona Virus and the impact to the tourism
    sector at this time. With the governments of Queensland, NSW, Victoria, South Australia
    and Western Australia committing significant funds to aid tourism recovery. We are
    looking forward to seeing growth in the sector as more Australian’s are holidaying locally
    in the next 12-24 months.
    We have many qualified buyers still looking to purchase hospitality opportunities.

    Please contact any of our specialist brokers for more information on the properties and businesses displayed
    in Infocus 16 or any industry related query.

                                                                                      Th ank yo u ,
                                                                                      CRE Brokers
                                                                                                         Th ank yo u ,
Front Cover: Crystal Beach Tugun Qld (Page 27)
                                                                                                         CRE Brokers
Inside Cover: Port Vila Vanuatu (Page 44)

02                                                           www.crebrokers.com            |   1300 767 802
16 Business / Investment Property Guide - CRE Brokers
INDEX

CAFES & RESTAURANTS
                                                                                                        05
CARAVAN PARKS
                                                                                                        09
HOTELS
                                                                                                        13
LEISURE BUSINESS
                                                                                                        25
MANAGEMENT RIGHTS
                                                                                                        27
MOTELS & APARTMENTS
                                                                                                        35
OTHER OPPORTUNITIES
                                                                                                        45
Victoria                                               NSW
Head Office                                            Albury Office
Unit 4, 10 Lakewood Blvd, Carrum Downs 3201            Suite 1A, Level 3, 429 Swift Street, Albury NSW 2640
Tel: 1300 767 802 Fax: 03 9580 3355                    Tel: 02 6023 5777 Fax: 02 6023 5778
mail@crebrokers.com                                    mail@crebrokers.com

Queensland/Northern NSW                                Tasmania
Sunshine Coast Office                                  Head Office
3A 5-7 Birtwill Street, Coolum Beach, QLD 4573         Unit 4, 10 Lakewood Blvd, Carrum Downs 3201
Tel: 07 5371 0165 Fax: 07 5335 1696                    Tel: 1300 767 802 Fax: 03 9580 3355
admin@crebrokers.com                                   mail@crebrokers.com

                                                 Business / Investment Property Guide |   EDITION #16         03
16 Business / Investment Property Guide - CRE Brokers
A fresh
                                                                          approach
                                                                          to all things
                                                                          finance.
     If you want a better finance deal for the purchase, lease or expansion of your business,
     the team at Green Finance Group have the know-how, experience and industry reputation
     to make it happen. We could even find you a better deal with your own bank.
     Now that is refreshing!
     • Experience – 20+ years                                             • Competitive cash flow lending
     • Industry award-winning finance consultants                         • Residential & personal finance solutions for business
                                                                            owners & directors
     • Choice – 30+ banks & secure lenders
                                                                          • Proven track record – 95% of our business is referred
     • Negotiating power – we’re on your side
                                                                            from existing clients
     • Start-ups to market leaders – $20k to $100million+

     Even if you think you’ve got a good deal with your existing bank we guarantee you’ll be surprised by the extra
     savings that can be negotiated. Our team of finance consultants specialise in:

     • Business & Franchise Finance                  • Caravan Park Finance                • Health & Beauty Finance
     • Pub, Club, Hotel & Bottleshop Finance         • Management Rights Finance           • Equipment Finance & Leasing
     • Poker/Gaming Machine Finance                  • Childcare Finance                   • Residential & Investment Finance
     • Accommodation & Motel Finance                 • Medical & Aged Care Finance         • Supermarket & Petrol Station Finance

     If you’d like to know how you could get a better deal on your business finance, call today:

                                Daniel Green
                                Director, Green Finance Group
                                M 0457 883 700 P 07 3899 2866
                                E daniel@greenfinancegroup.com.au

                                Australian Credit Licence Number 390222

                                  109 James Street, New Farm QLD 4005
                       facebook.com/greenfinancegroup | greenfinancegroup.com.au

04                                                    www.crebrokers.com          |   1300 767 802
16 Business / Investment Property Guide - CRE Brokers
CAFES &
                                                                                                               RESTAURANTS

MARINA RESTAURANT AND LOUNGE BAR HASTINGS VIC

                  Situated on the Beautiful Mornington Peninsula
                  The Marina Restaurant and Lounge Bar is noted for its value, professionalism and consistency over a number
                  of years. There is a strong record of repeat and referral business, existing trained and experienced staff, and
                  excellent supplier relationships.
                  The restaurant features a spacious dining area with a serene view of the boats in the marina, a large well equipped
                  open plan commercial kitchen, raised seated lounge area and a separate public bar. The popular outside terrace
                  consists of a relaxing paved seated deck area and a picturesque grassed space perfect for wedding ceremonies.
                  Adjacent to the main dining and bar area is The Lady Nelson Room – a stylish function room with vaulted ceilings,
                  a stage and a dance floor, projector and screen, bar and a separate kitchen preparation area, which caters for
                  many different events such as weddings, conferences and birthday celebrations. A large car park provides ample
                  on-site parking.
                  This business would suit a restaurant group, a hands-on owner/chef and would also suit two partners, chef and
                  front of house, or is perfectly set up to run as a family business.
                  The business boasts a consistently increasing turnover and with the potential for a secure long lease and 1am
                  licence, strong local support and a huge summer tourist season, this fantastic opportunity will not last long, so
                  please call today.

                  HIGHLIGHTS
                  ■ Mornington Peninsula

                  ■   Increasing turnover
                  ■   Potential for a long lease
                  ■   Repeat and referral business

                  METHOD OF SALE                                                                                           BROKER
                  Leasehold Business $700,000
                                                                                                                           Dave Harris
                                                                                                                           0404 027 185

                                                     Business / Investment Property Guide |             EDITION #16                     05
16 Business / Investment Property Guide - CRE Brokers
10 BEST ST CAFE WAGGA WAGGA NSW

Specialty Coffee House
■   Located in the heart of Wagga offering great coffee     ■   All equipment is fully owned so no lease or finance.                               BROKER
    and a superior menu at a reasonable cost.                   The owner has to re locate back to Western
                                                            ■
                                                                                                                                                   Adam Sutton
■   Featuring a modern fitout with wooden floors, tables        Australia for family reasons, so this a regrettable
                                                                                                                                                   0409 659 917
    and undercover outdoor seating.                             sale but required.
■   Utilising the best product, self-roasted beans,         ■   Close to nearby businesses and schools and low
    averaging 65kg in sales per week.                           local competiton.
■   A walk in walk out coffee shop with staff to remain,    ■   State of the art water filtration system and coffee             FINANCIALS
    this coffee house is arguably the best positioned and       roasting inventory valued at 50K plus.                          Turnover 2018/19 Financial Year $920,087
    best offering in the region.                            ■   Staff remain (chef and casual staff).                           Buyer’s Yield                   38.52%
■   Affordable rent and trade showing great profits over    ■   Closes at 4pm by choice.                                        METHOD OF SALE
    the past two years.                                                                                                         Leasehold Business $340,000

ANDY`S CHERRY PIE CAFÉ COOLONGOLOOK NSW

World Famous Cherry Pie
■   Beautifully presented café offering a wide variety of       ■   The Café is open from 8am 7 days per week.                                     BROKER
    product lines.                                                  Situated within a high growth area.
                                                                ■
                                                                                                                                                   Adam Sutton
■   The current owner is a native of Young in NSW where             Currently taking approx. $20K per week in the sale of
                                                                ■
                                                                                                                                                   0409 659 917
    he used his harvest of annual cherry’s to make the              coffee, pies and breakfast and lunch meals this cafe is
    unique and very tasty Cherry Pie.                               extremely busy with Sunday trade a real hive of activity.
■   Located upon a large twin block of approx. 1,802m2          ■   A development site option for a fast food chain.
    of Residential Zoned land along a main highway route
                                                                ■   The vendor looking to retire and the staff are willing      FINANCIALS
    on the busy North Coast of NSW.
                                                                    to remain.                                                  Turnover 2018/19 Financial Year $839,523
■   Potential to extend or provide another income stream                                                                        Net Profit 2018/19 Financial Year $137,858
    on a major highway which will not be by passed.
                                                                                                                                METHOD OF SALE
                                                                                                                                Freehold Going Concern $1,700,000

06                                                              www.crebrokers.com               |   1300 767 802
16 Business / Investment Property Guide - CRE Brokers
PREMIUM LOCATION RESTAURANT BOX HILL VIC

    Established Restaurant with Strong Customer Base
■   One of the few dedicated and established Vegan restaurants with a strong customer                                                              BROKER
    base in Melbourne and surrounding suburbs.
                                                                                                                                                   Lindsay Xie
■   Offering an extensive menu and great customer service it has become a favourite
                                                                                                                                                   0425 150 304
    with locals, vegan and vegetarian diners and has a relaxed and casual dining space.
■   Full commercial kitchen and second floor available for functions and busy periods.
■   High exposure position in busy Station Street and an enviable location opposite
    Box Hill Central and minutes from Box Hill Station.
■   Long Lease and reasonable rent.
                                                                                                                                  METHOD OF SALE
                                                                                                                                  Leasehold Business $350,000

THE FORESHORE BAR & RESTAURANT RHYLL VIC

Great Foreshore Location Phillip Island
■   Situated in the quaint seaside village of Rhyll on Phillip       the restaurant but also creates a wonderful atmosphere,                       BROKER
    Island.                                                          with an added bonus, the outside veranda having ducted
                                                                                                                                                   Anne Donchos
■   This vibrant restaurant has a very good reputation and           heating allows this space to be utilized all year round.
                                                                                                                                                   0414 582 224
    is known for its beautiful surrounding water views.          ■   There is a large well equipped commercial kitchen and
■   With high vaulted ceilings and large windows the internal        caters for locals, holiday makers and visitors to the
    space presents well, the Foreshore Bar and Restaurant            region, the food and service is of a high standard and the
    is fully licensed and has a seating capacity of 110              business has forward bookings into 2020–21.
    comfortably inside and 100 outside.                          ■   There is ample parking available for both cars and buses.
                                                                                                                                  METHOD OF SALE
■   There is an intimate open veranda, long front undercover     ■   Vendors are keen to retire.
                                                                                                                                  Leasehold Business $300,000
    balcony and large flexible dining space. In the cooler       ■   Being the only restaurant in town this is a business you
    weather, the beautiful wood fire place not only warms            will want to inspect.

                                                                              Business / Investment Property Guide |                EDITION #16                   07
16 Business / Investment Property Guide - CRE Brokers
West Gippsland Arts Centre

                                                         West Gippsland Art Centre – located in the rolling
                                                         hills off Baw Baw Shire - Warragul – originally built
                                                         in 1982 with major renovations completed in 2019.

                                                         CRE – exclusive brokers had              smoothly with lots of laughter
                                                         the task to find high level              in between.
                                                         experienced operator for the
                                                         job of handling the food and             Albert + Smith Food – It’s about
                                                         beverage operation.                      seasonal produce, sourced
                                                                                                  local if available. Combination of
                                                         With an auditorium seating               classic and contempory dishes.
                                                         750, various function rooms
                                                         from 12- 200, foyers catering            Albert + Smith Wines – It’s
                                                         for up to 500 and an 80 seater           personal. We believe mixing it
                                                         restaurant, it wasn’t going to           up, choosing respected wines
                                                         be easy. Through luck on both            from established regions, good
                                                         sides, they found experienced            selection of grape variety and
                                                         hospitality operators David and          keeping it value for money not
                                                         Sam O‘Neill with Chef Ed Mc              forgetting some local wines.
                                                         Dowd and his son Sam.                    Albert + Smith Service – It’s
                                                         They opened the doors                    about being personable, friendly,
                                                         November 2019 and have never             we want to see you back.
                                                         looked back. Albert + Smith –            Albert + Smith is certainly
                                                         a multi facet venue with many            becoming a staple on the
                                                         food and beverage options.               local hospitality scene, often
                                                         We love the daily challenges,            being booked out and with
                                                         often having a waiting list to           great reviews.
                                                         dine with us, especially on show         You can find out more at their
                                                         nights. Days blend into nights           Facebook page – Bookings can
                                                         with functions, events, shows            be made by calling 5624 2559.
                                                         and a fully functional restaurant.
                                                         No thanks to our chef Ed, Sam
                                                         and his team on the stoves and
                                                         David and his wife Sam front
                                                         of house, the operation runs

     Chef’s Corner – Ed’s famous Tiramisu
                          INGREDIENTS                          METHOD
                          300g savoiardi biscuits              Ahead of time make up coffee           Spoon half the cream mixture
                          Coco powder for dusting              mixture and cool in the fridge.        over the first layer of biscuits
                                                                                                      and spread evenly over.
                                                               When ready to make your                Repeat dipping the remaining
                          Coffee mix                           tiramisu whip the mascarpone           biscuits laying in the opposite
                                                               with the sugar until stiff. Add        direction of the first layer.
                          5 tablespoons sugar
                                                               cream and continue to whip
                          5 tablespoons instant coffee         until firm.                            Spoon the remaining cream
                          500ml boiling water                                                         mixture and spread over.
                                                               Prepare serving tray with a
                          Shot Kahlua                          skirt of baking paper around           Cover with cling wrap and
                                                               the edge.                              leave in the fridge overnight.
                          Cream mix                            Dip the sponge finger                  When serving cut desired
                          250g mascarpone cheese               biscuits in the cooled coffee          serves and dust with coco
                          Half cup sugar                       mixture one at a time for a            powder.
                                                               few seconds.
                          250ml thick cream
                                                               Cover the base of the serving
                                                               tray with dipped biscuits.

                                   If you would like your venue to feature in our next edition of In Focus please contact kathy@crebrokers.com

08                              www.crebrokers.com              |   1300 767 802
16 Business / Investment Property Guide - CRE Brokers
CARAVAN PARKS

ALBURY ALL SEASONS TOURIST PARK NSW

Very profitable Regional Centre Tourist Park!
■   Meticulously presented dynamic business with outstanding returns to profit from turnover.                                                BROKER
■   With a broad range of revenue streams including tourist cabins, permanent and long term cabin                                            Dan McDonald
    revenue as well as drive-thru caravan and camping sites this business is a must to inspect.                                              0427 572 718
■   Offering an inviting salt water in-ground swimming pool, fenced children`s playground, large
    camp kitchen, under-cover picnic area, amenities block, coin operated guest laundry.
■   Refurbished 3 bedroom + 2 bathroom residence with BIR`s, open plan living, secure private yard,
    large 2 car garage and workshop all set within beautifully maintained grounds.
■   Excellent lease terms, plant and equipment of the highest calibre.
                                                                                                                        METHOD OF SALE
■   32.5% buyers yield and long lease with excellent terms.
                                                                                                                        Leasehold Business $1,045,000
■   Close to local shopping hubs, restaurants, cafes and clubs.

MOANA CARAVAN PARK ALLIGATOR CREEK QLD

Diverse Income Streams
■   Located on the Bruce Highway approximately 23km South of Mackay and 12 km North of Sarina.                                              BROKER
■   A well-established park on 8 acres that has been run by the current owners for 16 years.                                                Ronnie Slebos
■   The original site has doubled with a new section developed in 2015–16 to cater for the growing                                          0414 964 333
    number of caravan travellers.
■   The park caters to short and long–term stays.
■   61 sites with a mix of onsite vans, self–contained units and open sites.
■   Convenience shop, take–away food shop and fuel outlet.                                                              FINANCIALS
                                                                                                                        Net Profit 2019/20 Financial Year
■   Residence attached to reception as well as a separate house with the possibility to rent one or have                $200,000 (Projected)
    a manager live–in.
                                                                                                                        METHOD OF SALE
■   Pool, 2 amenities blocks, camp kitchen, BBQs, laundry and the capacity to add 10 more sites.                        Freehold Going Concern $2,100,000

                                                                               Business / Investment Property Guide |     EDITION #16                       09
16 Business / Investment Property Guide - CRE Brokers
SUBSTANTIAL CARAVAN PARKS WANTED

                                                     Freehold and Business Going Concerns
                                                     ■   Qualified international buyer
                                                     ■   $10M+ caravan parks
                                                     ■   Off market transactions
                                                     ■   Settlements to suit
                                                     ■   Prompt decisions

                                                     For strictly confidential discussions please contact:

                                                     BROKERS
                                                     Kevin Connolly 0412 772 290
                                                     Craig Clark 0456 000 880

                                                     LAKES MAIN CARAVAN PARK LAKES ENTRANCE VIC

                                                     The Hard Work has Been Done
                                                     ■   Reap the rewards or continue to further      ■   Multiple streams of income all year round
                                                         develop this hidden gem in Lakes Entrance.       whilst peaking in the high season.
                                                     ■   Comprising 40 plus sites and 15 cabins       ■   13+ yield.
                                                         (5 cabins were installed December 2019).     ■   Two street frontages.
                                                     ■   Recently completed brand new roads,          ■   Large parcel of land.
                                                         kerbing and renovated amenities block.
                                                     ■   A stunning 2 bedroom manager’s
                                                                                                      METHOD OF SALE
                                                         residence with air conditioning in every
                                                         room, office/reception and very large        Freehold Going Concern $2,200,000
                                                         private rear yard.
                                                     ■   Completely fire compliant and no works       BROKER
                                                         required.                                    Phil Mammolito 0438 371 094
                                                 MICHAEL AMBROSE AD

                                                                                                             Integrity.
                                                                                                                Trust.
                                                                                                             Honesty.
                                                                                         That’s what we’re about.

     Dedicated to property
     With experience dealing in a diverse range of transaction and
     non-transaction based commercial advisory and property work,
     we want to guide you through the activities that you undertake in
     the marketplace to achieve that optimal outcome.                               We listen         We respond                  We deliver

     Contact us today on 07 3221 9149 spranklinlegal.com.au

10                                                   www.crebrokers.com              |   1300 767 802
PENOLA CARAVAN PARK PENOLA SA

Established Caravan Park at the Gateway to the Coonawarra
■   This fantastic freehold caravan park of 1.343 hectares is located at the         FINANCIALS                                                       BROKER
    entrance of the famed Coonawarra wine region in South Australia.                 Turnover 2018/19 Financial Year     $288,061                     Rohan Pertzel
■   Currently run by a couple who have transformed the park into a thriving          Net Profit 2018/19 Financial Year   $234,972
                                                                                                                                                      0438 918 919
    business with excellent net profit.                                              Buyers Yield 		                     16.20%.
■   52 sites in total with a mixture of cabins, ensuite sites and powered sites.
■   A truly year round business with strong tourism in the region bringing in
    wine lovers, fruit pickers, winery workers and some permanent residents
    to make use of the park’s facilities.
■   A comfortable 2 bedroom residence with reception attached.                                                                      METHOD OF SALE
                                                                                                                                    Freehold Going Concern $1,450,000
■   Easy to manage business with great infrastructure.

PROM CENTRAL CARAVAN PARK FOSTER VIC

Close to Wilsons Prom
■   An 85 site leasehold park located just a short walk to shops, schools and the hotel.                                                              BROKER
■   The park offers a variety of accommodation and income streams including 22 park owned cabins, eleven                                              Kevin Connolly
    of which are permanently let, ten are overnight tourist cabins, with two currently used for storage.
                                                                                                                                                      0412 772 290
■   There are eight annuals’ sites, ten sites with permanents in their own cabins, thirty two powered sites,
    and twelve non–powered camp sites.
■   The 2 bedroom owner’s residence offers a private garden, and separate to the office / reception.
■   There are 2 amenities blocks and one has a coin operated guest’s laundry.                                                       FINANCIALS
■   The large camp kitchen has been renovated.                                                                                      Turnover Nov 2018/Oct 2019    $473,000
■   This easy to manage Caravan Park business is ideal for holidays and stop–overs, and there is constant                           METHOD OF SALE
    enquiry for permanent living.                                                                                                   Leasehold Business $900,000

                                                                             Business / Investment Property Guide |                   EDITION #16                       11
LICOLA GENERAL STORE AND CARAVAN PARK VIC

     Multiple Revenue Streams
     ■   The picturesque village of Licola is located on    ■   A two bedroom residence.
         the Macallister River in the renowned Alpine       ■   Increasing turnover, good return and
         Region of Victoria and is very unique.                 affordable rent.
     ■   The entire village is owned by the Lions Club      ■   Lifestyle business with steady customers
         and is “off grid” generating its own electricity       all year round.
         and pumping and treating its own water.
     ■   The licensed general store and an authorised
                                                            METHOD OF SALE
         postal agent provide petrol and services.
                                                            Leasehold Business $325,000
     ■   The caravan park features 26 powered sites,
         16 tourist sites, 2 bunk houses and 2 cabins       BROKER
         with amenities including a laundry.
                                                            Phil Mammolito 0438 371 094

     SHADY GULLY CARAVAN PARK MALLACOOTA VIC

     Holiday and Fishing Town
     ■   Situated in the far eastern corner of Victoria     ■   The vendors have been operating the park for
         about 40 km south of the NSW border.                   5 years and now wish to retire providing this
     ■   Comprising of a total of 93 sites including            great opportunity.
         11 park owned cabins, 44 serviced sites,
         1 powered ensuite site, 25 annuals sites
         and 12 unpowered sites.
     ■   There is also a reception and owners’
         3 bedroom residence and a 2 bedroom                METHOD OF SALE
         cottage.
                                                            Freehold Going Concern $2,690,000
     ■   Facilities include an amenities building, guest
         laundry, substantial games room, BBQ,              BROKER
         playground, caravan and boat storage.              Kevin Connolly 0412 772 290

     TAMBO RIVER TOURIST PARK SWAN REACH VIC

     Great Park, Great Location, Great Bottom Line
     ■   An exciting opportunity to purchase this park          swimming pool, playground, BBQ, camp
         which has not changed hands in 20 years.               kitchen, recreation room and extensive library.
     ■   Conveniently located on Princes Highway            ■   Close to wineries, golf courses, walking trails
         and a short stroll to the beautiful Tambo              and the Lakes District.
         River, a famous fishing destination.               ■   Underpinned by permanents and annuals and
     ■   Immaculately presented and set on                      offers multiple income streams.
         approximately 8021.70m2.
     ■   Comprising 45 sites which include cabins,          METHOD OF SALE
         powered sites and tourists sites plus              Freehold Going Concern $995,000
         reception and a 2 bedroom residence.
                                                            BROKER
     ■   Excellent amenities including solar heated
                                                            Phil Mammolito 0438 371 094

     TARRA VALLEY CARAVAN PARK “FERNHOLME” VIC

     Lifestyle Park in South Gippsland
     ■   Situated on the picturesque Tarra River,           ■   Excellent opportunity with lifestyle, income
         approximately two and a half hours from                and further opportunities to grow this well
         Melbourne.                                             performing business.
     ■   This award winning riverside caravan park is
         set on 15 acres of lush rainforest surrounds.
     ■   Comprising 8 cabins and 38 camp sites.
     ■   Featuring two BBQ sheds with huge stone
         open fires, playground, amenities building         METHOD OF SALE
         with laundry facilities and a lovely 4 bedroom     Freehold Going Concern $1,400,000
         residence.
     ■   Fernhome is in an ideal location in South          BROKER
         Gippsland with a flourishing tourism industry.     Phil Mammolito 0438 371 094

12   www.crebrokers.com               |   1300 767 802
HOTELS

CLUB HOTEL KANIVA VIC

                   Recently Renovated by Selling Houses Australia
                   Fantastic opportunity to purchase your own Freehold Going Concern regional Hotel
                   positioned perfectly on a major highway between Melbourne and Adelaide, providing
                   a perfect stop over near the border.
                   The Hotel features a public bar with the only TAB in town, beer garden, large dining area
                   with separate bar, drive through bottle shop and ample parking.
                   Situated on 2285.3m2, perfectly positioned on the main street and with a large 5 bedroom
                   residence, this is the perfect opportunity for an owner operator and family to grow the
                   business even further.
                   The hotel has had a refreshing makeover so you can move in and reap the rewards.

                   HIGHLIGHTS
                   ■ Located on a major highway between Melbourne and Adelaide (only 3 hours from Adelaide).

                   ■   Large 5 bedroom residence with private outdoor area and storage space.
                   ■   Multiple areas of income and plenty of room to expand the business.
                   ■   Public Bar with only TAB in town and beer garden area.
                   ■   Drive through bottle shop.

                   METHOD OF SALE                                                                                   BROKER
                   Freehold Going Concern $430,000
                                                                                                                    Dave Harris
                                                                                                                    0404 027 185

                                                     Business / Investment Property Guide |           EDITION #16                  13
BUFFALO HOTEL MYRTLEFORD VIC

     Outstanding Alpine Valley Leasehold Hotel Opportunity!
     ■   This exceptional country hotel is situated        ■   Excellent investors / buyers yield of 57%.
         in the main street en route to the stunning       ■   Only TAB in town and within a 30km radius.
         Mt Buffalo National Park and its associated
                                                           ■   Multiple income streams.
         skiing resorts.
                                                           ■   Priced to move.
     ■   Recently refurbished boasting a fantastic
         beer garden and deck area, public bar,
         bistro, function room, footpath dining, ample
         parking and a spacious 3 bedroom family           METHOD OF SALE
         residence.                                        Leasehold Business $275,000
     ■   Long Lease with 27 and a half years
         remaining.                                        BROKER
                                                           Ian McDonald 0408 217 734

     COLAC CENTRAL HOTEL MOTEL COLAC VIC

     UNDER CONTRACT
     ■   Positioned on the main street of Colac and set        residence completes this fantastic property.
         on an enormous parcel of land of 4071m2.          ■   An extensive refurbishment has been
     ■   Offering numerous revenue streams which               undertaken over the last 12 months.
         other businesses can only dream of.               ■   The lucky purchaser can walk in and
     ■   Featuring public bar, bistro, beer garden             concentrate on running the business.
         with BBQ, drive thru bottle shop plus 14
         refurbished accommodation rooms.
     ■   20 twin rooms all with new beds, microwaves,          METHOD OF SALE
         head boards with USB points, a fresh coat
                                                               Freehold Going Concern $1,810,000
         of paint.
     ■   The motel also has a function / conference            BROKER
         room and a comfortable 2 bedroom owner’s              Rohan Pertzel 0438 918 919

     COOMA HOTEL COOMA NSW

     Incredible NSW Leasehold Value!
     ■   Rare opportunity to purchase one of the           ■   An office and renovated 2 bedroom residence
         region’s most consistently performing                 is also located upstairs.
         businesses.                                       ■   Adjacent to the hotel is a high yielding bottle
     ■   This stunning Hotel has undergone a complete          shop and storage area.
         transformation in recent years.                    ■ Excellent 54% Buyers Yield.

     ■   Featuring an impressive single bar operation to ■ 20 years remaining on current lease.
         the main lounge area, well equipped gaming
         lounge, bistro that seats over 70, state of the
                                                            METHOD OF SALE
         art kitchen and rear beer garden.
                                                            Leasehold Business $495,000
     ■   Upstairs is a beautifully presented function
         room with full bar facilities and elevator access. BROKER
     ■   Versatile income streams.                          Ian McDonald 0408 217 734

     HAPPY VALLEY HOTEL OVENS VIC

     UNDER OFFER
     ■   A truly unique offering to the market.                3 bedroom owner’s residence.
     ■   Beautifully renovated and immaculately            ■   Brand new 30 year lease and excellent
         presented.                                            8.25% ROI.
     ■   Ideally located on the Great Alpine Road with     ■   Situated on approx. 6,135m2 of Rural
         over 1.3 million vehicles and 350,000 cyclists        Zoned land.
         driving/riding past annually.                     ■Motivated vendors ready to meet the market!
     ■   Originally built in 1875 and renovated in 2016.   METHOD OF SALE
     ■   Featuring a public bar, bistro/dining, 2 x        Freehold Passive Investment $1,150,000
         function areas, undercover beer garden,
         footpath trade, parking.
                                                           BROKER
     ■   2 bedroom self-contained guest house and a
                                                           Dan McDonald 0427 572 718

14   www.crebrokers.com              |   1300 767 802
DUCK INN BAR AND BISTRO WILLOW GROVE VIC

Only Venue in Town
■   Features include polished boards and exposed beams and comprises bar,         FINANCIALS                                           BROKER
    bistro, outdoor smoking area, commercial kitchen and off street parking.      Turnover 2018/2019     $782,636
                                                                                                                                       Phil Mammolito
■   Only 7 years new this venue has been trading very well whilst run under       Net Profit 2018/2019   $103,959
                                                                                                                                       0438 371 094
    management.
■   Charming bluestone façade with ramp access, the Duck Inn has a
    fantastic fitout and is in great condition.
■   A long lease, and under market rent.
■   Fantastic country setting and situated close to Blue Rock Lake.                                                 METHOD OF SALE
■   A very desirable location being just 1.5 hours from Melbourne and 1 hour                                        Leasehold Business $120,000
    to Mt Baw Baw and 1 hour to the Yarra Valley.

ERICA HOTEL ERICA VIC

Heaps of Charm and History
■   Rebuilt in 1983, this is a great little hotel.                                FINANCIALS                                           BROKER
    The hotel features bar, bistro, decked area and commercial kitchen.           Turnover 2018/19       $630,349
■
                                                                                                                                       Phil Mammolito
■   The motel has 7 units offering bed and breakfast.                                                                                  0438 371 094
■   There is ample parking and a secure lock-up for bikes.
■   This hotel has no competition and receives excellent bookings from
    locals and tourists all year round.
■   Ideal husband and wife operation.
■   Strong turnover and consistent trade make this an excellent opportunity.                                        METHOD OF SALE
                                                                                                                    Leasehold Business $199,000

                                                                          Business / Investment Property Guide |      EDITION #16                   15
GREENDALE COUNTRY PUB GREENDALE VIC

Fantastic Australiana Country Pub
■   Located within 1 hour of Melbourne in a sought after region of Victoria, it is the only hotel                                       BROKER
    and general store in town with strong support from locals and the surrounding areas.
                                                                                                                                        Dave Harris
■   Featuring a dining area with an open fire, public bar with a separate dining area, large                                            0404 027 185
    beer garden with its own stage and private function area, general store that provides
    groceries, a bottle shop and takeaway pizza.
■   There is a separate 2 bedroom residence.
■   Ample parking.
■   With a secured long lease in place, this is a superb opportunity for any investor and it
                                                                                                                       METHOD OF SALE
    won’t last so please phone for an inspection today.
                                                                                                                       Freehold Passive Investment
                                                                                                                       - Expressions of Interest

LITTLE RIVER INN HOTEL ENSAY VIC

Freehold with Vacant Possession
■   This iconic traditional hotel in East Gippsland is being offered to the market for the                                               BROKER
    first time in 30 years.
                                                                                                                                         Phil Mammolito
■   Located on the tourist route to the snow fields, the Little River Inn feels like home.
                                                                                                                                         0438 371 094
■   Includes In house residence and accommodation that sleeps up to 24 people in
    4 ensuite double rooms and bunks (ideal for groups).
■   Large dining room, pool room, rustic bar and lounge area.
■   Area of land is 1.5 acres fully fenced and lockable.
■   Secure parking available for motorbike groups with 5 car garage.
                                                                                                                       METHOD OF SALE
■   Well known location for motorcycle groups and awarded 5 helmets in Australian
                                                                                                                       Freehold with Vacant
    Motorcyclist Magazine.                                                                                             Possession $680,000
■   Close to snowfields, fishing and popular 4wd area with vacant land to offer camping.

16                                                                www.crebrokers.com                |   1300 767 802
RAILWAY HOTEL MANGALORE VIC

Restored to its Former Glory
■   The Railway Hotel was built in 1935 and has a very              to the kitchen is in full operation.                                         BROKER
    colorful history.                                           ■   Featuring a 3 bedroom residence attached to the                              Anne Donchos
■   The current vendor bought the hotel with a vision to            back, with an office area.
                                                                                                                                                 0414 582 224
    make it a venue for major events and functions.             ■   The hotel has been re roofed, re stumped, re
■   Set on 1 1/3 acres, there is huge potential to make this        plumbed, beer lines refurbished (Temprite system)
    Freehold work for the new owners, either as an owner            and renovated inside.
    operator or as an investor.                                 ■   Set in growth corridor - Kilmore to Seymour.
■   The building comprises of a large dining area, fully        ■   All furniture, chattels and equipment included in
    covered beer garden, public bar area and large                  sale price.                                               METHOD OF SALE
    commercial kitchen.                                         ■   The Railway Hotel Mangalore is ready to open for          Freehold with Vacant Possession
    Plenty of period features including 2 working fireplaces                                                                  $650,000 – Offers Invited
■
                                                                    business.
    and even an old style order slip flying fox from the bar

ROYAL HOTEL BACCHUS MARSH VIC

Capitalise in this Massive Growth Area
■   A very profitable hotel located in the town centre of               facilities and huge potential to grow this side of                      BROKER
    Bacchus Marsh and only 45 minutes out of Melbourne.                 the business.                                                           Rohan Pertzel
■   Established in 1863, the hotel has been lovingly restored       ■   An excellent business with a long lease and below                       0438 918 919
    to its former glory in recent years.                                market rent.
■   A beautifully presented two-storey hotel in the Main            ■   With a large growing population there is an endless
    Street and shopping area.                                           opportunity to grow this already profitable hotel.
■   Consisting of a main bar, beer garden, café areas, large        ■   An inspection of this hotel will surely impress!!
    restaurant, plus an indoor/outdoor function area with its
    own bar facilities that trades extremely strongly.              FINANCIALS                                                METHOD OF SALE
■   The hotel also has a good standard of public                    Turnover 2017/18 Financial Year     $1,532,216            Leasehold Business $395,000
    accommodation consisting of 13 rooms with shared                Net Profit 2017/18 Financial Year   $230,004

                                                                                  Business / Investment Property Guide |        EDITION #16                     17
COMMERCIAL HOTEL BROADFORD VIC

     Top Pub in Vibrant Town
     ■   Boasting a large public bar, TAB, bistro,            ■   Strong working relationships with all the
         large beer garden, commercial kitchen, busy              sporting clubs in town ensuring great support.
         large drive through bottleshop (the only one         ■   Located in a fast growing town with a strong
         in the area).                                            population, only 60 minutes from Melbourne.
     ■   Currently the kitchen is being managed by            ■   Don’t miss this great opportunity.
         an outside party affording the new buyer to
         take over this opportunity or maintain the
         current arrangement.                                 METHOD OF SALE
     ■   Ideally situated in town and across from the train   Leasehold Business $299,000
         station.
                                                              BROKER
     ■   Strong profitability with an attractive lease.
                                                              Phil Mammolito 0438 371 094

     HARRIETVILLE SNOWLINE HOTEL MOTEL VIC

     Iconic Destination
     ■   A must to consider for a savvy hospitality           ■   A streamlined business suitable for
         professional and a genuine offering to market            management and/or an owner operator
         for sale!                                                with the Alpine lifestyle on your doorstep.
     ■   A seamless hospitality business run under            ■   Situated on 3,314.70m2 of Township
         management with diverse revenue streams                  Zoned land.
         across food, beverage, accommodation,
         community events, tourism, group bookings
         and live music.                                      METHOD OF SALE
     ■   16 Motel units demonstrate excellent value to        Freehold Going Concern $1,695,000
         the market at 40% ROI.
     ■   Unbeatable location in tourism stronghold.           BROKER
     ■   Very profitable across multiple income streams.      Dan McDonald 0427 572 718

     HOTEL GRANYA GRANYA VIC

     Charming Country Hotel
     ■   Situated right on the banks of Lake Hume.            ■   Well supported by locals, farming and
     ■   Featuring a public bar, large open space                 community groups and has limited
         dining / breakfast and function room,                    competition within the area.
         lounge, good signage and plenty of parking.          ■   With multiple income streams and good
     ■   There is also a spacious outdoor beer garden.            turnover, Hotel Granya has massive potential!
     ■   Accommodation of 5 x hotel rooms (1 room
         with an en-suite and 1 backpackers room -
         sleeps 6).                                           METHOD OF SALE
     ■   An option of a flat or cottage as a manager          Freehold Going Concern $450,000
         residence and also included are 2 tenanted           BROKER
         dwellings on the property.
                                                              Ian McDonald 0408 217 734

     MYRTLEFORD HOTEL MOTEL MYRTLEFORD VIC

     Priced to Sell!
     ■   This charming country Hotel Motel is situated        ■   Additional 15 year lease term available
         on a prime corner location en route to the               upon review.
         stunning Mt Buffalo National Park.                   ■   18 Hotel rooms with a beautiful balcony
     ■   With recent refurbishment and upgrades                   overlooking the town.
         the Hotel is now open 7 days a week.                 ■   Situated on 2285.10m2 of Commercial
     ■   Boasting a busy public bar, lounge, bistro,              1 Zoned land.
         large function room, beer garden, new TAB
         and Keno, ample parking for patrons and a            METHOD OF SALE
         2 bedroom manager`s (flat) residence.                Freehold Passive Investment $750,000
     ■   Vendor has a brand new tenant (April 2019)           BROKER
         with a new 5 year lease term in place.
                                                              Ian McDonald 0408 217 734

18   www.crebrokers.com                  |   1300 767 802
AU
                                                                                                       C
                                                                                                        TI
                                                                                                          O
                                                                                                           N
TRAVELLERS REST HOTEL THORPDALE VIC

                  For Sale by Auction 23 April 2020 @ 2.00pm Onsite
                  This remarkable hotel is located in the heart of the Potato Country, West Gippsland Thorpdale.
                  Built in 1937 and the land being owned by the one family for 100 years, Travellers Rest has not been on the
                  market previously. Not only are you buying a piece of history you are purchasing a great destination with
                  endless possibilities.
                  This historic hotel was beautifully restored in 2019 with no expense spared.
                  Comprising large public bar / pool room, bistro, outdoor dining/beer garden and large residence. Brand new
                  plant and equipment including a new beer sytem they have also refurbished with new carpet and furniture
                  maintaining old world charm.
                  You will struggle to find a better appointed residence in a regional hotel. Featuring 3 bedrooms and 2
                  bathrooms there is also an upstairs office, 2 guest rooms and 1 bathroom.
                  This hotel is waiting for the new owners to put this iconic hotel into full swing and watch the rewards come in.

                  HIGHLIGHTS
                  ■ First time ever on the market.

                  ■   Only hotel in town.
                  ■   Completely refurbished.
                  ■   Not a cent to spend.
                  ■   Great road frontage.
                  ■   Appealing decks with million dollar views.
                  ■   130 km from Melbourne.

                  METHOD OF SALE                                                                                      BROKER
                  Auction – Freehold Going Concern
                                                                                                                      Phil Mammolito
                                                                                                                      0438 371 094

                                                     Business / Investment Property Guide |            EDITION #16                   19
NAR NAR GOON HOTEL VIC

Only Pub in Town
■   An exciting opportunity exists to purchase this Hotel.                 FINANCIALS                                                  BROKER
■   Featuring a public bar, TAB, function room, bistro and drive           Turnover 2018/19 Financial Year $947,777
                                                                                                                                       Phil Mammolito
    thru bottle shop.
                                                                                                                                       0438 371 094
■   Located only 61 kms from Melbourne.
■   Nar Nar Goon Hotel also offers a large private residence with
    3 bedrooms, 3 bathrooms and an office.
■   Fair market rent.
■   Established in 1973 it is very popular with the locals and
    visitors to the area.                                                                                             METHOD OF SALE
                                                                                                                      Leasehold Business $380,000

20                                                             www.crebrokers.com      |   1300 767 802
AU
                                                                                                         C
                                                                                                          TI
                                                                                                            O
                                                                                                             N
TYSON’S REEF HOTEL BENDIGO VIC

                   Freehold Investment Auction 14 April 2020 @ 2.00pm Onsite
                   CRE Brokers are delighted to be appointed exclusive agents to market the Tysons Reef Hotel
                   Bendigo, Freehold Passive Investment, for sale by Auction.
                   Tysons Reef Hotel is located in the heart of Bendigo and set on approximately 1138m2 of General
                   Residential Zoned land. Located not far from Lake Weeroona (a very popular park with an
                   ornamental lake) and on the historic tram line that runs through Bendigo.
                   This large double storey hotel is well maintained and comprises public bar, dining lounge, beer
                   garden, 1st floor office, 2 hotel rooms and a 3 very well appointed 3 bedroom residence.
                   Offering a secure long term tenant, an annual rental of $79200 (ex GST) provides an excellent
                   return on investment.
                   Strong regional town, population over 120,000 and a growing tourism industry, this hotel caters
                   for locals and tourists.
                   There is a large American barn style shed at the rear and private car parking.
                   Inspections will impress, please book your inspection today.

                   HIGHLIGHTS
                   ■ Great location.

                   ■   Large parcel of land.
                   ■   Secure tenant with long lease.
                   ■   Very well maintained.

                   METHOD OF SALE                                                                                     BROKER
                   Auction – Freehold Passive Investment
                                                                                                                      Phil Mammolito
                                                                                                                      0438 371 094

                                                   Business / Investment Property Guide |               EDITION #16               21
ROYAL OAK HOTEL BALLARAT VIC

UNDER CONTRACT
■   In the Heart of Ballarat, Royal Oak Hotel is now on the            ■   Upstairs, currently used as a private residence and office                    BROKER
    market after 25 years.                                                 space, it is set perfect for offering accomodation with 7
                                                                                                                                                         Phil Mammolito
■   Built in 1866, this wonderful architectual building has a              large rooms, male and female bathrooms, shared kitchen
                                                                           and a large shared TV room, this certainly could become                       0438 371 094
    lot of history and is still referred to as ‘A Good Value Old
    School Pub’.                                                           a great opportunity to be a B&B style pub enabling
                                                                           another income stream.
■   Offering a cosy restaurant / bistro with an old fashioned
    fireplace, lounge bar and clean and functional kitchen             ■   Period features include high ceilings, lead light windows,                    BROKER
    complete with cool room, freezer room and kitchen                      stair case and balustrade.
                                                                                                                                                         Anne Donchos
    storage facilities.                                                ■   Large rear Car parking.
                                                                                                                                                         0414 582 224
■   The Royal Oak also comprises a large traditional country
    public bar, covered beer garden and old stable house that          METHOD OF SALE
    has an inbuilt bar provided for those private functions.           Freehold Going Concern – Expressions of Interest

TALLAROOK HOTEL TALLAROOK VIC

Excellent Freehold Hotel Under 1 Hour from Melbourne
■   Situated in the central Victorian town of Tallarook on the     ■   The Melbourne train leaves hourly only 50 metres                                  BROKER
    Hume Highway just 88km north of Melbourne.                         from the door.                                                                    Rohan Pertzel
■   The Tallarook Hotel has undergone major renovations            ■   Huge numbers of tourist passing the doors daily                                   0438 918 919
    over the past 18 months and now presents as one of the             on their way to the snowfields, wineries, and other
    finest hotels in the area.                                         tourist attractions.
■   Consisting of public bar, pool room, newly built function      ■   A large allotment of 2207m2 in a thriving tourist area
    room, large external beer garden with staged band                  and many attractions close by.
    area and seating for up to 120 people and a generous           ■   Strong growing turnover.
    commercial kitchen.                                                                                                                 METHOD OF SALE
■   Upstairs has 8 hotel rooms, 5 of which are ensuited,                                                                                Freehold Going Concern
    extra bathroom, lounge area and a 2 bedroom                                                                                         – Price on Application
    managers residence.

22                                                                 www.crebrokers.com                  |   1300 767 802
WEST SIDE TAVERN WANGARATTA VIC

                  A Unique and Genuine Offering
                  The Wangaratta West Side Tavern is a must to consider for the modern Hotelier.
                  Built in 1994, a further recent complete renovation of this modern single level brick building
                  has been undertaken. You will not find a Hotel in better condition.
                  A unique beverage only operation the Hotel features a drive through bottle shop, public bar,
                  sport`s bar, TAB, function facilities and lovely outdoor courtyard/beer garden.
                  A solid performing business with consistent growth and development without the labours of
                  bistro/food labour costs and overheads.
                  Maintain, develop or expand within Wangaratta`s thriving West End.

                  HIGHLIGHTS
                  ■ Brand new lease direct from the landlord offered for the first time since construction.

                  ■   Not a cent to spend with recent refurbishments – painting, bathrooms, new plant and equipment.
                  ■   A modern hospitality offering, unique in revenue streams and labour outgoings.
                  ■   Rent and lease terms as good as they get, set for success!
                  ■   Priced to sell with great returns.
                  ■   An excellent opportunity awaits a keen purchaser. Inspect with confidence.

                  FINANCIALS                                                                                           BROKER
                  Turnover 2018/19 Financial Year   $2,240,000 (projected)
                                                                                                                       Dan McDonald
                                                                                                                       0427 572 718
                  METHOD OF SALE
                  Leasehold Business $260,000

                                                     Business / Investment Property Guide |              EDITION #16              23
THE BEAUFORD HOTEL MAYFIELD NSW

Quality Freehold Going Concern Hotel
■   Offered for the first time to the market in 30 years!           ■   Also offering 15 pub style rooms with shared bathrooms                        BROKER
    A gaming hotel in the heart of Mayfield and adjacent to a           with an impressive 90% occupancy rate.
■
                                                                                                                                                      Adam Sutton
    new shopping village anchored by a Coles supermarket.           ■   A large and spacious 2 bedroom manager`s quarters.
                                                                                                                                                      0409 659 917
■   A solid brick, two story hotel that has been run for over       ■   A purpose built safe and CCTV system allows staff the
    30 years by the same family.                                        ease of security with cash handling.
■   Situated on a prominent corner position with excellent          ■   Mayfield is currently undergoing massive redevelopment
    exposure and dual street frontage.                                  in several areas including a new shopping precinct right   FINANCIALS
    Offering multiple income streams with excellent returns.            on the doorstep of The Beauford Hotel.
■
                                                                                                                                   Turnover 2018/19 Financial Year   $2,944,315
■   Featuring a spacious public bar, bistro, gaming room                                                                           Net Profit 2018/19 Financial Year $415,570
    with 13 new machines, smoking deck, large drive
                                                                                                                                   METHOD OF SALE
    through Bottlemart, beer garden, and ample parking.
                                                                                                                                   Freehold Going Concern $5,000,000

WHEATSHEAF HOTEL MOTEL TERANG VIC

Long Lease of 36 Years
■   Situated on a large corner block in the heart of Terang     ■   The recently refurbished second level now offers                                  BROKER
    which is located just 45 km from Warrnambool.                   an accommodation income stream with 8 new                                         Rohan Pertzel
                                                                    accommodation rooms (consistently generating
■   An outstanding opportunity to secure this charming                                                                                                0438 918 919
                                                                    over $2700 pw), 3 new bathrooms, a guest laundry,
    regional hotel, with a new 36 year lease, a recent major
                                                                    kitchenette and lounge room area.
    refurbishment and the painting of the hotel exterior.
                                                                ■   There is also a 3 bedroom manager’s residence with
■   Double storey rendered brick hotel boasting a
                                                                    separate bathroom and kitchen.
    comfortable public bar, very well patronised bistro,
                                                                                                                                   FINANCIALS
    separate function area with its own bar facilities, large   ■   The potential for the Wheatsheaf is endless and an
                                                                                                                                   Turnover 2018/19 Financial Year $1,152,339
    commercial kitchen, great north facing beer garden              inspection of this property will not disappoint!
    and the only drive through bottle shop in town.                                                                                METHOD OF SALE
                                                                                                                                   Leasehold Business $320,000

24                                                                  www.crebrokers.com              |   1300 767 802
LEISURE
                                                                                                                                                     BUSINESS

JUMPZ INDOOR TRAMPOLINE PARK BENDIGO VIC

A One Stop Shop for Kids
■   Only one of its kind in the Bendigo region and             ■   Consistently the busiest play centre in Bendigo.                                  BROKER
    incorporates a full scale café.                                Operating in 1800m2 of space this centre has the ability
                                                               ■
                                                                                                                                                     Anne Donchos
■   Air-conditioned facility that has been designed for            to service up to 150 patrons per hour.
                                                                                                                                                     0414 582 224
    one purpose – to have FUN!                                 ■   Located in the busy part of town next to large retailers this
■   Amusements include foam pitt, basketball zone,                 business has great exposure and excellent onsite parking.
    dodgeball courts, 150 interconnecting trampolines,         ■   Situated on a commercial zone 1 property this allows you
    6 elite performance trampolines, party rooms, 50+              upon application to extend business trading hours should
    arcade games, laser tag, under 5 years playground              you need to.
     and fully serviced cafe.
                                                                                                                                   METHOD OF SALE
■   Without doubt the strongest play centre brand in            FINANCIALS                                                         Leasehold Business
    Bendigo and Central Victoria.                               Turnover 2019/20 Financial Year   $958,331 (projected)             $999,000 + SAV and Chattels

BROKER PROFILE

We are delighted to welcome our new broker to the team.

                               Alex Stagg
                               Business Broker Albury
                               0406 856 710
                               alex@crebrokers.com

     Marketing and PR qualified, Alex embarked on a
     successful career in Marketing and Management roles
     and has amassed a wealth of knowledge from multiple
     industries including managing shopping centres for the
     likes of Westfield and running high end sales teams.

     His travels saw him living all over Australia giving an excellent
     overview on property trends in different regions. He now brings
     extensive sales and marketing skills into the broking industry
     ensuring the best outcome for his clients.

     Alex looks forward to working with the team in the Albury Office
     and servicing the Albury area.

                                                                             Business / Investment Property Guide |                  EDITION #16                 25
HOW IMPORTANT IS EXPERIENCE
                                               WHEN BUYING A NEW BUSINESS?

                                               by Daniel Green, Green Finance Group

 A fresh                                       It’s been a challenging couple of years for small business,
                                               particularly those requiring finance to start up or expand as
 approach to all                               banks tightened up lending criteria and reduced lending in the

 things finance.                               space. Thankfully, 2020 has seen a change to the landscape
                                               with many banks reviewing their small business appetite and
                                               putting some pretty competitive offers on the table, not to
 • Accommodation & Motel Finance
                                               mention some of the lowest interest rates in history. In short,
 • Business & Franchise Finance                if you need finance for a new business, now is a great time!
 • Pub, Club, Hotel & Bottleshop
   Finance
 • Poker/Gaming Machine Finance
                                               So what’s the key to a successful finance application in today’s market?
 • Competitive cash flow lending               There’s obviously a few, but a critical and often-overlooked aspect is business
                                               owner experience.
 • Caravan Park Finance
                                               Banks lend money based on a very simple premise – they want to get their money back and,
 • Management Rights Finance                   more importantly, make a profit on investment.

 • Childcare Finance                           The success of any business comes back to the people behind it. This is especially true for
                                               businesses in the hospitality and accommodation industry – customers simply won’t re-book
 • Medical & Aged Care Finance                 if their booking and stay experience isn’t of a high standard. Having an experienced and
                                               competent owner or manager in charge is key to any business’s success.
 • Health & Beauty Finance
                                               Your bank or lender want to see that the people managing the business have either direct
 • Equipment Finance & Leasing                 industry experience or transferable skills necessary to be successful. If you haven’t had
 • Residential & Investment Finance            direct experience, there are ways to get the bank or lender comfortable with your ability.
                                               Some examples include:
 • Supermarket & Petrol Station                ■   Provide a resume highlighting roles where you have had comparable experience (e.g.
   Finance                                         customer service roles).
                                                   Prepare a business plan outlining your plans for the business and identifying areas
 Want a better deal on your
                                               ■

                                                   where you may lack practical experience with an explanation of how you will manage
 business finance?                                 or improve this.
 Call today:                                   ■   You could even negotiate with the vendor to stay on for an extended ‘handover period’.
                                               Just remember, you don’t have to go it alone. By aligning yourself with a finance professional
                                               (broker or bank manager) who is experienced in small business transactions you’ll have an
 Daniel Green                                  ally who can guide you through the process, negotiate on your behalf and help you to
 Director                                      pre-empt and address any challenges with your application.

 M: 0457 883 700                               Also, there may actually be some banks that have a bigger appetite for your business and that
                                               can mean better loan terms and conditions and increased savings. With this in mind you need
 P: 07 3899 2866                               to ensure you are approaching the right lender for your business case from the outset.
 E: daniel@greenfinancegroup.com.au
                                               Additionally, getting an indication of how much you can borrow (and from which bank or lender)
                                               before you buy is always a good idea. A quality finance professional will be able to establish
                                               your equity options upfront, arrange valuations (sometimes at no charge) and provide you with
                                               a firm estimate of your borrowing capacity, from a range of lenders (not just one or two), within
                                               24 – 48 hours.

     Australian Credit Licence Number 390222   Daniel Green, founder and director of Brisbane-based Green Finance Group, is a multi-award
                                               winning commercial finance broker with over 20 years’ banking and finance industry experience.
 www.greenfinancegroup.com.au                  His areas of speciality include pubs, bottleshops, hotels, motels, caravan parks, management
                                               rights, childcare centres and SME business and franchise finance.

26                                                 www.crebrokers.com           |   1300 767 802
MANAGEMENT
                                                                                                             RIGHTS

CRYSTAL BEACH TUGUN QLD

                 Absolute Beachfront Apartments
                 This has to be one of the best located businesses with an absolute prime beach front address.
                 It provides the Manager with a strong business, three bedroom ground floor apartment with
                 balcony, sweeping beach and ocean views.
                 Business is mainly short term stays with a couple of long term tenancies.
                 Occupancy is running at 80% plus lots of repeat and walk-in holiday stays.
                 The complex is presented in immaculate condition and the location brings in the holiday makers.
                 The spacious residence located on the ground floor has three bedrooms, two bathrooms, modern
                 kitchen, large open plan lounge and dining room opening out onto a large balcony with panorama
                 views over the swimming pool, amenities, beach and Pacific Ocean.

                 HIGHLIGHTS
                 ■ Strong repeat business.

                 ■   Income growth still available.
                 ■   Location Location Location.
                 ■   Supportive Body Corporate Committee.
                 ■   Managers can appoint a nominee to live on-site if preferred.
                 ■   Annual CPI increase in Body Corporate remuneration (March 2020).

                 FINANCIALS                                 METHOD OF SALE                                         BROKER
                 Number of Units             42             Management Rights $1,749,000
                                                                                                                   Jim Prentice
                 Units in the Letting Pool   23
                                                                                                                   0412 984 684
                 Net Profit                  $232,000
                 Unit Price                  $675,000
                 Business Price              $1,074,000

                                                      Business / Investment Property Guide |      EDITION #16                     27
ACCOUNTANTS AND BUSINESS ADVISORS
          At McAdam Siemon our mission statement is simply one word: trust. Trust is the foundation on
          which our business operates. Since 1996, McAdam Siemon has been entrusted to handle the
          business advisory, taxation, accounting and financial goals for a wide range of clients.

          Earning the long term trust of every client is critical to achieving the strategic goals of our firm.
          We achieve our mission by:

          • Working closely with our clients and listening carefully to their needs
          • Going beyond the call to deliver exceptional results
            - tailored to our client’s needs
          • Always providing proactive, prompt and professional service.

         MANAGEMENT RIGHTS                                          We provide personalised guidance on all aspects of purchasing your Management Rights including structures,
                                                                   tax advice, borrowings and contracts. Upon entering a contract we can assist with a due diligence by preparing
         As Specialist Business Advisors to the                    a Financial Verification Report, a review of all records and an evaluation of the results. After purchase we
                                                                   provide a systematic approach to assisting you with the financial management of your business by providing
         Accommodation Industry, we have                           accurate figures and management advice.
         been advising clients for over 20
         years in all aspects of the industry                      On sale of your business we manage the often complex preparation of the financial documents for sale
         cycle from purchase to management                         purposes. Our specialised skills in this industry ensures both you and the potential purchases are fully informed
                                                                   of all facets driving the success of the business. Services we provide:
         and eventual sale. We service all of
         QLD, NSW and Victoria                                     • Verification Reports • Accounting • Taxation • Trust Account Audits

                                                            Sam Hodgetts CPA                                            Peter O'Rielley FCPA
            Brisbane                                        Australia Wide                                              Noosa Heads & Maroochydore
            Sunshine Coast                                  07 3421 3421                                                07 5474 8955
                                                            shodgetts@mcadamsiemon.com.au
            Gold Coast                                                                                                  porielley@mcadamsiemon.com.au

                                                                                                                                            www.mcadamsiemona.com.au

MURRAY RIVER RESORT MOAMA NSW

Sought After Tourist Location
■   Within walking distance to the mighty Murray River                  ■   2 swimming pools, tennis courts and mini golf.                                           BROKER
    and Echuca, the historic sister City in Victoria.                       Large site with ample on-site room for guest cars
                                                                        ■
                                                                                                                                                                     Kevin Connolly
■   Developed over approximately 13 acres of                                and boats.
                                                                                                                                                                     0412 772 290
    manicured and irrigated gardens.                                    ■   Less than 3 hour’s drive from Melbourne.
■   Comprising 40 x 2 and 3 bedroom single level                        ■   Secure Caretaker fixed income stream.
    holiday cottages.
■   38 cottages are in the Management pool.                             FINANCIALS
                                                                        Number of Cottages           40
■   The 4 bedroom, 2 bathroom residence has a                                                                                                    METHOD OF SALE
                                                                        Cottages in the Mgmt Pool    38
    wonderful kitchen and under cover outdoor living                                                                                             Management Rights $1,150,000
                                                                        Turnover                     $380,000 pa ex GST approx.
    area, carport and great storage.
                                                                        Unit Price                   $550,000
■   Family holiday and golf group clients.                              Business Price               $600,000

28                                                                          www.crebrokers.com                   |   1300 767 802
GRIFFIN VIEWS & GRIFFIN OUTLOOK GRIFFIN QLD

                   Two Complexes Under 5 Years Old
                   Opportunity to purchase the caretaking and letting agreements for two complexes and one
                   Manager’s residence.
                   Both complexes are under 5 years old, built by the same developer and comprise a total of 114
                   townhouses of which 105 are in the Manager’s letting pool. The caretaking salary is in excess
                   of $148,000 with a CPI increase in February and November annually. The current net income of
                   $376,000 is both sustainable and still showing signs of growth.
                   The Manager’s free standing townhouse has four bedrooms, 2.5 bathrooms, study, 2 car garage
                   and office. Extra parking available. An ideal home based business for the family.

                   HIGHLIGHTS
                   ■ Only one manager’s residence to purchase.

                   ■   Great big income and still growing.
                   ■   Excellent for a family-operate business.
                   ■   19% return on the business list price.
                   ■   Still room to grow the business.
                   ■   Location provides for high tenancy enquiries.
                   ■   Salary increase each February and November.
                   ■   Great buying at reduced multiplier.

                   FINANCIALS                                METHOD OF SALE                                        BROKER
                   Number of Units           114             Management Rights $2,430,000
                                                                                                                   Jim Prentice
                   Units in Letting Pool     105
                   Net Profit                $376,000
                                                                                                                   0412 984 684
                   Unit Price                $470,000
                   Business Price            $1,960,000

                                                    Business / Investment Property Guide |         EDITION #16                    29
WHITSUNDAY REGION

      As the gateway to the Great Barrier Reef and the magnificent 74 Whitsunday Islands, the Whitsunday region has one
      of the fastest growing populations in Queensland. Boasting a strong and diverse economy driven by the agriculture,
      construction, mining and tourism industries; the Whitsunday region has the potential to become the economic
      powerhouse of North Queensland.

      The Whitsunday region encompasses a                economy, the region’s population is expected           Ronnie loves the Whitsundays and visits Airlie
      total land area of 23,862 square kilometres        to grow at an annual rate of 2.3 per cent over         Beach at least once a month (more if required
      and includes the major townships of Airlie         the next 20 years, which exceeds the State             for inspections).
      Beach, Bowen, Cannonvale, Collinsville and         average of 1.8 per cent.
                                                                                                                Please see below and over the
      Proserpine, with numerous rural and coastal
                                                         CRE Central Queensland Broker Ronnie                   page for our Whitsunday region
      communities and residential areas scattered
                                                         Slebos first visited the region in the late 90s,       opportunities and for further
      throughout the area. The Whitsunday region
                                                         when he completed his first of more than 20            information contact
      is home to approximately 35,500 permanent
                                                         sailing trips amongst the Whitsunday Islands.          Ronnie on 0414 964 333.
      residents. Due to the strength of the local

WHITSUNDAY PARADISE APARTMENTS CANNONVALE QLD

Solid Cash Cow Business
■   Featuring beautiful gardens and a large pool which together                    managements in the complex which provides great upside potential.
    comprise the bulk of the work required from the manager.                   ■   The location is ideal being adjacent to Whitsunday Shopping Centre,
■   There is a ride on mower included in the sale which makes the                  close to transport and a short walk to Coral Sea Marina.
    lawns easy to take care of. The buildings have just been repainted         ■   Airlie Beach is 4 minutes by car or a leisurely walk away.
    in modern colours.
                                                                               ■   3 bedroom manager’s residence, office on title, air-conditioning and
■   20 years remaining and a very generous BC salary of $117,000 per               double carport.
    annum with a minimum 5% annual increase.
■   The complex consists of 90 apartments (41 of which in the rental           FINANCIALS                            METHOD OF SALE
    pool) and the rental demand ensures that investors here are getting        Net Profit            $175,000        Management Rights $875,000 Negotiable
    roughly 5-6% return.                                                       Real Estate Price     $225,000
■   All rentals are permanents and there is scope to acquire additional        Business Price        $650,000

30                                                             www.crebrokers.com               |   1300 767 802
YACHTSMAN’S PARADISE CANNONVALE QLD

                 A Boutique Resort
                  Perched high on the hill in Cannonvale (Whitsunday Region), with a northerly view over Whitsunday Passage
                  and Pioneer Bay, it’s just minutes to cafés and restaurants and allows great access to the Whitsunday Islands.
                  Airlie Beach is a $15 taxi ride, yet guests at Yachtsman’s Paradise can retreat to peace and quiet with stunning
                  views whilst Conway National Park behind it on the southern side, ensures ongoing peace and privacy.
                  In its current form it offers 4 rooms and residence plus staff quarters but a small investment would expand to a
                  total of 7 rooms.
                  The size of the land is 3.49 ha and a rezoning Preliminary Approval is in place for a Boutique Resort featuring a
                  restaurant, bar, 9 dual key spa cabins, function centre, conference and meeting rooms, indoor roman spa pool,
                  infinity lagoon style pool and day spa with treatment rooms. Up to 1 hectare of tree clearing is also included in
                  this approval.
                  The possibilities here are endless, the location and views are irreplaceable; and the opportunity is NOW.

                  HIGHLIGHTS
                  ■ 3.49 ha, about 600 feet above sea level featuring stunning

                    views over the Whitsunday Passage and Pioneer Bay.
                  ■   Preliminary approvals allow for further development.
                  ■   A myriad of options and opportunities for the future.
                  ■   Priced to meet the market.

                  METHOD OF SALE
                  Freehold Going Concern $2,880,000

                                                   Business / Investment Property Guide |             EDITION #16                     31
You can also read