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

Dreaming of owning a successful holiday resort on a tropical island? Look no further! Perched high at Point Lookout, surrounded by lush Pandanus Palms, Pandanus Palms Holiday Resort delivers breath taking ocean views and the ultimate island lifestyle.
This established resort is a breeze to manage, with no set office hours, low-maintenance facilities, and 17-year agreements in place. It’s the perfect opportunity to enjoy a profitable business while embracing a relaxed island pace.
- Steady Income: With 37 apartments (23 holiday let, 3 lock ups, and 11 owner-occupiers), you’ll enjoy a consistent income stream with room to grow.
- Resort Facilities: Guests love the sparkling inground pool, tennis court, and spacious, well-appointed apartments, all set against incredible ocean vistas.
- Strong Financials: Net profit of over $323k, including a $132k Body Corporate salary, delivering a solid 15.24% ROI. Agreements are locked in for 17 years, ensuring long-term stability.
- Comfortable Living: The manager’s 3-bedroom, 1.5-bathroom unit with an attached office on title, offering a great living space with direct access to the business.
- Island Lifestyle: Perfect for a couple seeking a sea change, this resort is a favourite for returning families who come year after year for the views, whale watching, and laid-back atmosphere.
This is a rare chance to step into a thriving island business. Book your inspection today and start living the dream!
** Ras360 Property Solutions – Specialists in 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 1,387 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:

  • The median value for Houses in Point Lookout is $1,810,515 while the median value for Units is $1,043,018.
  • Houses have a median rent of $3,475.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Point lookout on OnTheHouse. According to CoreLogic's data, 39 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.