Here is your chance to grasp a share of the booming Redcliffe property market.
Do you like to be your own boss?
Would you like to work from home with a fantastic lifestyle change?
This beautiful Redcliffe property offers you the best of both worlds. You are investing in your home while earning a substantial income. Ainslie Manor has been operated by the same owner as a highly successful Bed and Breakfast for over 20 years, welcoming guests from all over the world. It was a nominee for Outstanding Accommodation at the Morton Bay Local business awards for 2024. This business has shown steady growth along with the popularity of Redcliffe as a property hot spot and tourist destination.
Located 400 meters from the beachfront of beautiful Morton Bay. It is just a short 10 minute walk to Redcliffe with shopping, pubs, clubs and restaurants. Only 20 minutes to Brisbane airports and 30 minutes to the Brisbane CBD. This fabulous property features three queen and three queen + single bed guest rooms all with private ensuites, tea and coffee making facilities, A/C, fridges and flat screen smart televisions.
All guests' rooms are located on the first and second floors with two communal lounges, one on each floor. Guests can also relax on the shared deck overlooking the magnificent sparking inground pool or enjoy the poolside barbeque and dining facilities.
The ground floor includes an office, a large fully equipped guest kitchen, a dining room with seating for 16 and a buffet breakfast bar. There is a dedicated guest laundry and a separate in-house owners' laundry for private use. The ground floor also features the self-contained one-bedroom manager's suite, so you can comfortably reside in your own investment!
A coded locking system for entry into the property and rooms allows for self-check-in, providing management with more freedom and flexibility with their lifestyle! Currently offered as a Bed and Breakfast for overnight or short-term stays, it is easily managed by one person with the assistance of an on-call couple who handle cleaning under contract. This current setup would allow one partner to pursue outside employment if needed.
A new owner may choose to offer longer-term rentals, holiday rentals, appoint a manager, or lease the entire property. Online booking systems are already in place, including Booking.com, Expedia, Trip.com, Airbnb, Qantas and Lido.
Ainslie Manor boasts high ratings and very positive reviews. It has many returning guests due to its welcoming environment and value for money. Future potential is being shown by the 38% increase in turnover for the 6 months July-Dec 24 (year on year). There is already $45K in bookings for 2025 locked in.
To be sold on a walk-in, walk-out basis, with all furniture and chattels included, this lucrative business and property investment is not to be missed.
Come and invest in this flourishing and vibrant seaside area oh-so-close to Brisbane!
Turnover $206,557 (GST excl) 2023/24 fin year; $146,142 (GST Excl) July - December 2024 (6 months)
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2855MF (quote when enquiring)
Property Code: 5077
