16 Business / Investment Property Guide - CRE Brokers
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Business / Investment Property Guide
EDITION #16
16
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
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
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
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
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
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
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
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
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 802PENOLA 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 11LICOLA 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 802HOTELS
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 13BUFFALO 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 802DUCK 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 15GREENDALE 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 802RAILWAY 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 17COMMERCIAL 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 802AU
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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 19NAR 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 802AU
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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 21ROYAL 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 802WEST 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 23THE 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 802LEISURE
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 25HOW 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 802MANAGEMENT
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 27ACCOUNTANTS 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 802GRIFFIN 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 29WHITSUNDAY 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 802YACHTSMAN’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 31You can also read
