75 The Strand North Ward QLD 4810

Off Market Group is pleased to present exclusively one of North Queensland's largest management rights businesses for sale. Ideally situated along Townsville's iconic Strand, this exceptional property offers an unrivalled oceanfront location and diverse income streams.

Set on a 4,262 sqm site, the complex includes studio units, a two-bedroom manager's unit, and three manager's lots, comprising a total of 146 lots (156 keys). The business operates across 110 lots (115 keys), catering to singles, couples, executives, and visitors.

Property Overview:
Manager's Unit (Lot 1): Ground-floor, two-bedroom unit with one bathroom and a small courtyard.
Manager's Lot 2: Reception, office, boardroom, caretaker unit, and various storerooms spanning a strata area of 372 sqm.
Lot 333: Café area with a kitchen and storerooms covering 60 sqm.

Common Facilities:
In-ground pool and pool yard
Breakfast kitchen
Boardroom, interview rooms, internet room
Guest laundry, WIFI, CCTV
2 passenger lifts, 1 goods lift
Visitor car parking

Key Highlights:
Prime Oceanfront Location: Situated on The Strand, this property boasts spectacular Coral Sea views, making it one of the most desirable spots in Townsville.
Diverse Revenue Streams: Multiple income sources, including accommodation, food & beverage, conferencing, functions, weddings, and caretaking/letting rights.
Vacant Possession: Offered with vacant possession, providing the opportunity to rebrand and reposition the resort under new ownership.
Strong Financial Performance: High occupancy rates with a balanced mix of leisure, corporate, event-driven, and conferencing clientele.
Tourist Destination: A hotspot for both domestic and international tourists.

Location Overview Townsville: As North Queensland's major regional hub, Townsville boasts a robust and diverse economy. Its strategic location, just 1,330 km north of Brisbane and 350 km south of Cairns, is enhanced by excellent road, rail, airport, and port infrastructure. The Townsville Port, recently upgraded with an $80 million investment, supports international export and import activities, reinforcing the city's importance as a gateway to Queensland's mining industry.
Townsville's economy is underpinned by a strong government presence, along with key industries such as education, agriculture, defence, resources, health, tourism, and manufacturing. The region is also home to substantial base metal processing and access to significant coal and natural gas reserves.

Contact Shane for more information about this property.