FOR SALE
$1.25M MR & $875k Unit = Total $2.125M

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Point Lookout QLD 4183

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Iconic Island Resort – Your Perfect Tropical Business

Iconic Island Resort – Your Perfect Tropical Business
With a net profit exceeding $323k and an impressive 15.24% ROI, this iconic resort offers a profitable investment opportunity in a dream island location. Set high at Point Lookout and surrounded by lush Pandanus Palms, Pandanus Palms Holiday Resort combines breathtaking ocean views with the ultimate island lifestyle.
• Strong Financials: Includes a $132k Body Corporate salary and 17-year agreements, providing long-term stability.
• Steady Income: 37 apartments (24 holiday let) ensure a consistent income stream with potential for growth.
• Resort Facilities: Sparkling inground pool, tennis court, and spacious, well-appointed apartments make this a guest favourite.
• Modern and Convenient Living: The manager’s 3-bedroom, 1.5-bathroom unit includes an attached office on title, offering a spacious, well-appointed home with seamless access to the business.
• Island Lifestyle: Perfect for a couple seeking a sea change, this resort is cherished by returning families for its stunning views, whale watching, and laid-back atmosphere.
Island businesses with such strong returns and lifestyle benefits are rare. Book your inspection today to secure this exceptional opportunity!
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Point Lookout

Building Type
Commercial

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About Point Lookout 4183

The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.

Point Lookout has 1,396 properties. Over the last 5 years, Houses in Point Lookout have seen a 101.14% increase in median value, while Units have seen a 98.88% increase. As at 31 December 2024:

  • The median value for Houses in Point Lookout is $1,772,973 while the median value for Units is $1,013,453.
  • Houses have a median rent of $3,475.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Point lookout on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Point lookout.

Suburb Insights for Point Lookout 4183

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Malcolm O'Farrell
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RAAS Property Group
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.