264 & 286 Coast Road, Baffle Creek, Qld 4674

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Hotel/Leisure
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Published on: 01 Oct 2024
Last updated on: 01 Oct 2024
264 & 286 Coast Road, Baffle Creek, Qld 4674
264 & 286 Coast Road, Baffle Creek, Qld 4674
264 & 286 Coast Road, Baffle Creek, Qld 4674
+7
264 & 286 Coast Road, Baffle Creek, Qld 4674
  • 7
Property ID: 504701412
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Key property information

Land Size
368,200.00 m2
Floor Area
368,200.00 m2
Tenure Type
vacant

Development Opportunity Underpinned by Passive Annuity of Income

264 & 286 Coast Road, Baffle Creek, Qld 4674
CBRE Hotels is pleased to present for sale the freehold going concern interest in the
Baffle Creek Deepwater Tourist Park, offered to the market for the first time in over 25 years. This is a substantial development opportunity for astute investors, with an expansive 37-hectare waterfront landholding.

Investment Highlights:
- Significant freehold landholding spanning almost 37 hectares, featuring a waterfront location, a 9-hole golf course, and a caravan park.
- Secure passive net income of approximately $70,000 p.a. from long-term tenants, providing reliable cash flow and ensuring financial stability.
- Includes a fully licensed tavern with liquor and gaming licenses, offering an additional revenue stream and increasing the property’s commercial value.
- The property holds five coastal gaming authorities, valued at over $1 million in the last tender, adding substantial intrinsic value.
- Immediate potential to develop a caravan park, unlocking further income opportunities (STCA).
- Low-maintenance 9-hole golf course, fully managed by external parties, delivering a hassle-free asset for the owner.


For more information on this unique investment opportunity or to arrange an inspection, please contact the exclusive agent.

Property Details

Basic Info

Property Type
Hotel/LeisureLand/Development
Listing Status
On Market
Land Size
368,200.00 m2
Address
264 & 286 Coast Road, Baffle Creek, Qld 4674
Paul Fraser
Paul Fraser
Level 21, 363 George Street, Sydney, NSW 2000
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Paul Fraser
Paul Fraser
Level 21, 363 George Street, Sydney, NSW 2000
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      Property ID: 504701412

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