Semi-rural Acreage for sale

Semi-rural Acreage in Boonah, QLD

10 8 0
$1,100,000

Land value and capital gain over next 10 years is projected to be huge

LIFESTYLE PROPERTY, WITH GOOD INCOME STREAM

SCENIC RIM, SOUTH EAST QUEENSLAND

A true life-style property with exciting potential for a semi-retired couple or a couple nearing retirement and wanting to enjoy a good income stream along with comfortable living circumstances, and an interest in socialising with others.  Located close to major sub-divisions, the projected land value and capital gain over next 10 years is projected to be huge.

Located in the heart of the great South East Queensland Scenic Rim, the property is a one to two hour's drive from Brisbane or the Gold Coast. This is a 220-acre lifestyle holiday park covered with thousands of huge, beautiful trees. The park overlooks one of the best fishing and water skiing lakes in South East Queensland. In addition to water sports, guests enjoy a variety of bush scenery, wild-life, magnificent views, numerous mountain climbing areas and orienteering tracks and bush walking trails.

If you are looking for the perfect lifestyle change and have an interest in the tourist or accommodation industry, or an interest in boating or fishing, then this is a property which will be sure to impress. The property offers superb water views and comprises two large Queenslander homesteads (each of which can sleep up to 17 guests), plus caretaker's flat (which is used by the present owners as an office), donga, camp kitchen, camp showers and toilets, and a new modern cabin - plus numerous and very large powered and unpowered camping sites. There is a large modern storage shed, as well as a shop stocking basic camping needs.

The return on investment both present and future which is associated with this freehold is excellent.   This is very much the case when one considers that for most of the years they have owned the property the present owners have only worked a two-day week.  Annual incomes vary between $150,000 to $200,000, with costs between $40,000 and $50,000. Day to day operations are not full-on 7 days per week. Except for peak periods such as Christmas, Easter and public holidays, bookings are mainly for weekends: with guests arriving on a Friday and departing on a Sunday. The guest booking and payment system is on-line: enabling the park to be operated and managed from any location.

In 2012 a Development Approval was issued for the subdivision of 100 cabins. The present owners have kept the plans and all relevant paperwork associated with the proposed development, but have never proceeded with the project. However, the possibility is obviously there for a development of this nature, should some sort of project along these lines be of interest to a future owner.

Inspection recommended: for further details get in contact or come and take a look. The present owners are wanting to retire and are motivated to sell !

Make an offer !
Last updated: 09:43AM on Aug 20th 2017
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