Resort Brokers Australia agents Shane Mullins and Des Fagg offer the property for sale, which opens directly onto the beach overlooking Orpheus Island and the Palm Islands, and includes a renovated pub, on Queensland’s Tropical Coast north of Townsville.
An idyllic 22,000sq m beachfront hotel, motel and caravan park property at Forrest Beach on Queensland’s Tropical Coast north of Townsville has entered the market with price expectations above $3.5 million.
Resort Brokers Australia has listed The Forrest Beach Hotel, 20km east of Ingham, for sale on behalf of a syndicate of Gold Coast business people who have held it since 2009.
Owners include high profile automotive dealer Brett Frizelle, lawyer Dwane Bugden, and publican Neil Haslam.
The sale is being jointly handled by Resort Brokers’ North Queensland agents Shane Mullins and Des Fagg.
Incorporating a boutique caravan park, motel and smartly renovated pub, The Forrest Beach Hotel opens directly onto the beach, overlooking Orpheus Island and the Palm Islands group.
Mr Mullins said the 22,000sq m parcel of land formed the real value.
“It is very rare that such a large section of land on the coastline presents to market,” he said.
“With 200 metres of absolute beach frontage, it provides an array of future development possibilities.”
Offering six motel rooms, 52 powered caravan sites and camping for approximately 200 guests, the integrated accommodation and hospitality complex caters for a broad market of local patrons, day trippers and holiday visitors.
Food and beverage facilities include a large public bar with ocean views, sports bar / function area, gaming room with seven poker machines, extensive alfresco beer garden areas and a bottle shop.
Mr Fagg said the owners had been running the property under management, overseeing operations remotely from the Gold Coast.
“That means it offers very attractive upside opportunity for an incoming owner-operator,” he said.
“It benefits from numerous income drivers, ranging from local hospitality to events and functions, and attracts a wide variety of guests with its range of accommodation facilities.
“This is be the perfect time to take the operation to the next level, now that the nearby NQ Bio-Energy project is cleared for construction start early next year.”
The $640 million sugar-based renewable energy project, to be built on 80ha about 4km south of Ingham, is set to create 450 jobs during construction and more than 250 new permanent positions when fully operational.
“Forrest Beach is a stunning location that boasts seven kilometres of sandy beach with stinger-protected enclosures, excellent beach and estuary fishing, and direct access to the Great Barrier Reef waters and islands of the Hinchinbrook region,” Mr Fagg said.
“While the area is known for its idyllic seclusion, it has ample local conveniences including a school, is less than 20 minutes from Ingham, and only 132 kilometres north of Townsville.”
The Forrest Beach Hotel property also includes an on-site manager’s residence, amenities block, guest laundry, games room, commercial catering facilities, and extensive grounds.
The Townsville region attracted more than 1.1 million domestic overnight visitors and 130,000 international visitors during the year ended March 2017, injecting almost $850 million into the regional economy.
For further information, including more photos and on the property and sale process, Visit Resort Brokers Australia.
To arrange an inspection, phone or email Resort Brokers Australia agents Shane Mullins and Des Fagg via the links below.
See also:
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Absolute Capricorn Coast beachfront units, all with ocean views in Yeppoon