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Hervey Bay, Queensland 4655

Price: $1,880,000

Business & PropertyHotel

Freehold Holiday Units Plus Large Residence 150m From Beach - Hervey Bay, Qld

What a golden opportunity to make a sea-change to sensational Hervey Bay, with this established block of freehold holiday units, plus a spacious 4-bedroom home.
Just 150 metres from the beach - and recently rated #1 on TripAdvisor - Hervey Bay Colonial Lodge is a rare find, and a great investment.

Self-contained, fully furnished, 1 and 2-bedroom units with newly renovated bathrooms
All on ground level
Established in 1974
Occupancy rate of 85%
Close to shops, cafes and restaurants
Quiet location, just one street back from Hervey Bay Esplanade
150m from the best beach in the Bay
Split system, reverse cycle air-conditioning plus ceiling fans
Units include LCD TVs, DVDs, fridges, microwaves and WiFi
Swimming pool
Tropical gardens, courtyards and barbecue
Off street parking
Additional revenue through booking tours
Large residence for owner/manager

Long established with an excellent reputation, Hervey Bay Colonial Lodge enjoys a prime position in this busy tourist town. The units also benefit from a consistent, repeat clientele of southern state visitors, who come to escape the cold.
With a large, 4-bedroom residence included in this excellent freehold package, this would be a great buy for a family.
The Lodge attracts both domestic and international guests, thanks to Hervey Bay's perfect year-round climate, and outstanding tourist attractions, including World Heritage-listed Fraser Island.
Even in winter, visitors flock to Hervey Bay for the whale watching season, as these magnificent creatures migrate north.
With a growing population of 50,000-plus, Hervey Bay has all the facilities and amenities you need, including schools, TAFE, and a hospital.

Price: $1,880,000

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Price: Price: $1,880,000Trial: no
This listing last updated: 14th Jun 2017

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Map Location ( get directions )

Hervey Bay, Queensland 4655 Exact map location not provided