A Unique Opportunity to Purchase Accommodation Complex moments away from Torquay Beach & Esplanade.
You Choose:
1. Continue as a Business
2. Redevelop or Convert into Residential Units
(Subject to Council Approval, Rules, Regulations, Strata & Electricity Costs)
Hervey Bay Colonial Lodge is set on Half an Acre of Tropical Land in a Sylvan Setting with Eleven Self Contained Units which comprise of:
9 x 2 Bedroom Units
2 x 1 bedroom Units
Office
Laundry
Pool
Parking
Zoned Medium Density
$70 per night
$490 per week
x 52 weeks
$25,480 PA
x 11 Units
= $280,280
50% Occupancy = $140,140
25% Occupany = $70,070
* Please speak to a Business Advisor, Accountant and Qualified Person before Making any Decision *
Every day is a holiday in Hervey Bay, the Whale Watching Capital of the World and Gateway to the World Heritage listed Fraser Island!
The Whale Festival happens every August, starting with the Blessing of the Fleet and culminating with the Whale Day Family Fun Carnival and Illuminated Street Parade.
The foreshore of the City has 14 km’s of shared pedestrian, wheelchair and bicycle pathways. Bordered by 40 km’s of pristine beaches there is plenty to do both on land and sea. The north-facing sheltered waters of Hervey Bay are protected by Fraser Island and offer a perfect swimming and fishing environment.
There are excellent educational, community and health facilities throughout the region and all the amenities that a family could need. Hervey Bay City prides itself on accessibility with shopfronts, street scaping, beach access, scenic pathways and public infrastructure designed to be easily accessible for people using wheelchairs or mobility scooters.
The region has a full range of educational opportunities – from pre-school to tertiary. Families can choose state or independent schools for both primary and secondary education. Students can also further their studies at the University of Southern Queensland campus in Hervey Bay or the Wide Bay TAFE facility.
Construction and associated support industries, aquaculture, food processing, light engineering and manufacturing, maritime services, education, IT and telecommunications, multimedia, aged and health care services, retail & of course, tourism are key growth areas for the Fraser Coast.
Hervey Bay is close to the many attractions of the Sunshine Coast, the Heritage City of Maryborough, the South Burnett as well as Bundaberg & the Great Barrier Reef
The water ways around the bay are legendary for their fishing qualities and protected calm waters and abundance of wildlife including scores of Dolphins and Turtles.
The Great Sandy Straits Marine Park extends from the north end of Rainbow Beach to Bunderburg and is one of Australia’s most protected and scenic waterways.
Add to this the magnificent golf courses, top tourist facilities and first rate clubs you have what is called a tropical paradise.
Sustainability Declaration is available via the Agent