Feel the cool sea air against your skin, hear gentle waters lap at gliding yachts and savour the freshest seafood – this is Ramada Resort.
An unparalleled opportunity to purchase a tranquil hotel right on the Gold Coast’s Hope Harbour – and keep its renowned name – you can expect to tantalise the senses of thousands of visitors each year. In fact, the Gold Coast is in the top three best performing tourist regions in the entirety of Australia, with unprecedented growth projected off the back of Queensland’s exceptional COVID-19 response. That means only one thing: now’s the time to invest and make the most of the coming boom.
A rarity on the market, this completed hotel is already a popular destination for those yearning for a soothing holiday or impressive business or function location. Host to 51 modern hotel rooms with a GFA of 2,871m2, a restaurant, bar, two retail shops, a massage suite and more, it’s a truly remarkable and lucrative find that presents the potential for substantial capital gains.
In addition to its plush, air-conditioned rooms, it presents savvy investors with seven commercial lots with a GFA of 5,033m2, a conference ballroom and commercial kitchen ideal for weddings of up to 220 people, and a small meeting room.
One of the Gold Coast’s most established hotels, investors can expect to make strong returns. As the hotel has always had a higher-than-average occupancy rate of 80%, and with its luxury wedding packages in 2019 costing up to $175 per head, there is every reason for it to prove an exceptional return on investment.
With the latest statistic showing that Queensland has recorded the fastest and most sustained rate of recovery in the tourism sector than any other Australian state, this is a great time to invest within this segment. The Gold Coast is one of the best performing regions, its tourism sector predicted to see unprecedented, skyrocketing growth thanks to the swift handling of the state’s COVID-19 response.
Situated on Hope Island – a playground for leisure seekers and the wealthy – this pristine hotel with pools, breathtaking marina views from all rooms and a glamorous lobby with shining marble accents is an attraction in and of itself. Located on the north side of the sunny Gold Coast, it’s just off from the Pacific Motorway which promptly links this paradise locale to Brisbane City and its sun-starved residents.
The island is rich in natural beauty and convenient to all of the Gold Coast’s most coveted draws, including Movie World, Wet ‘n’ Wild and Dreamworld. Currently seeing $4.3 Billion in additional infrastructure spending, Hope Island also already houses its own marina, making it perfect for boat enthusiasts, and has three elite golf courses as well as a deluxe harbour dining and shopping precinct. Being on the pristine Gold Coast coastline, it’s also effortlessly close to some of Australia’s most stunning and spotless sandy beaches.
There’s even the possibility to convert this resort into a retirement facility down the track (subject to council approval).
This extraordinary opportunity to own a profitable slice of the thriving Gold Coast holiday market is awaiting your inspection. Contact Alex Stevenson or Subie Lam today.
IM available on request.
We are committed to the health and safety of our customers and staff, and their families. When entering a premises please adhere to all social distancing (2m2 apart for spaces less that 200m2 and 4m2 apart for spaces more than 200m2) and strict hygiene requirements. Please also ensure that you follow social distancing measures and keep 1.5m away from each other.
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.