THE ULTIMATE SEACHANGE WITH A GOLDEN OPPORTUNITY

"Arcadia Beach Guest House & "Tom's Place" on two separate FREEHOLD blocks on two separate titles, total area 2,024m2. Prime BEACHFRONT location, Marine Parade Arcadia on the beautiful Magnetic Island. Business comprises Holiday Accommodation & Car Hire.

* Sold as a going concern with the entire inventory in place
* Run your own business or leave current managers in place
* Retirement income guaranteed by future development of the blocks
* Could convert to Health and Well Being Centre and Day Spa - partnership or lease considered with appropriate qualified person.

Arcadia Beach Guest House is one of the most popular venues on the island, Lonely Planet No. 1 Author's Choice and has been featured on the national television show "Getaway". Accommodation designed to cater for every type of traveler and budget, comprises;
* 1 x King/family ensuite room
* 1 x King ensuite room
* 1 x King room - shared bathroom
* 1 x Queen room - shared bathroom
* 1 x Twin single room - shared bathroom
* 1 x Quad single room - shared bathroom
* 4 x Upmarket Safari tents

Tom's Place was purchased in 2008 and totally refurbished in 2009 to accommodate much needed extra holiday housing. comprises;
* 1 x Beach house (sleeps 6)
* 2 x Ensuite King rooms
* 1 x Ensuite Twin/Triple single room.

There is a small fleet of 6 cars for hire consisting of an open top VW, 4WD Suzuki Sierra's and a Kia 4WD Wagon. Guests are picked up in a 1970 Rolls Royce Silver Shadow. The vehicle has become an icon on the island and provides a wonderful "ice-breaker" when greeting enthralled guests at the ferry.

Enquiries have been made with Townsville Council as to the future possibilities for this property.
Indications are that it is possible to develop blocks to build 6 or more units per block, making this an ideal investment for:
* An owner/operator wanting to run a small business that will pay dividends when they cash in on retirement
* An investor who wants a guaranteed winner - freehold land beside the coral sea - no dodgy tenants or gambling with the stock exchange with this one!

Magnetic Island is a popular tourist destination, located in the World Heritage Area of Great Barrier Reef and only a short 20min ferry ride from Townsville.

Price: $3 million




Business Id: 48455





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