CURRENT INVESTMENTS
CURRENT INVESTMENTS
QUALITY RESORT PARKHURST
- ROCKHAMPTON, QLD
Rockhampton Leagues Club, the site owners have plans for new club on the majority of the site adjoining the Resort. The facility will include a full service cafe, sports bar, gaming area and function spaces. Situated on the eastern side of Yaamba Road, Kortes Resort is 10kms north of the Rockhampton central business district. Rockhampton Regional Council approved a development application by Stockland across the road from Kortes Resort. The project known as Ellida, is a 2290-lot subdivision on a 278 ha site comprised of houses and duplexes, open spaces including a district park, and a regional community facility, with the potential to include low scale commercial development.
The site is improved with a good quality, 4 star motel complex completed in 2015 and comprising 52 motel units, 2 x 2 bedroom units for a total of 54 accommodation units, plus a first floor manager’s residence and the Oasis Restaurant.
Ground improvements include parking, landscaping, resort style pool and ancillary improvements. The bitumen car park provides 105 parking spaces with an allocated single carport for each motel room, all ground floor.
Guest Facilities include a 26 metre resort style swimming pool, large outdoor seating area, gym, high speed internet and well maintained landscaped grounds.
Investment Highlights
- Quality property all rooms on ground floor
- Developing area for upside in occupancy
- Solid repeat corporate clientele
- Landlord Rugby League Club
WATERS EDGE BOUTIQUE HOTEL
– PORT MACQUARIE, NSW
Waters Edge Boutique Hotel is situated at 1 Buller Street, Port Macquarie NSW. It boasts an ideal waterfront location on the banks of the Hastings River and is only a short stroll away from attractive beaches, shopping centres and tourist attractions.
Port Macquarie is located half-way between Sydney and the Gold Coast, along the Mid North Coast of New South Wales (260km north of Newcastle, 420 kilometres from Sydney and 510km from Brisbane). The Port Macquarie-Hastings local government area has a total population exceeding 70,000 with more than half living in the Port Macquarie precinct. Tourism is central to the local economy, although fishing, oyster farming, manufacturing and mineral processing are also important.
Waters Edge Boutique Hotel is a 4-star Country Comfort branded property offering 61 rooms of equal size with balconies facing the picturesque Hastings River. The motel also boasts the following facilities:
130 seat fully-licensed “On The Edge” restaurant; “The Edge” Café; landscaped gardens and lawns; swimming pool with children’s wading pool; playground; barbeque facilities with alfresco entertaining area and direct jetty and river access.
Investment Highlights
- Exceptional location
- Volume capacity at 61 rooms
- High all year round occupancy
- Good cashflows and returns
THE QUARTERS BOUTIQUE MOTEL,
AN ASCEND HOTEL COLLECTION
- FORRESTERS BEACH, NSW
The Quarters at Forresters Beach was previously the Forresters Beach Resort, which was closed in March 2021 for a multi-million dollar rejuvenation completed in October 2021, resulting in a state-of-the-art motel with a café restaurant and bar, florist, high end day spa and function centre for up to 300 guests.
Forresters Beach is 98 km north of Sydney in the fast growing Central Coast region and is located between Terrigal and The Entrance, and only a short stroll from the sands of Forresters Beach to the rear of the resort.
RAG signed a contract 16 May 2022 to to settle any time up to 30 June 2025 subject to certain trading milestones and profit performance targets being reached consistent within our investment matrix model.
Investment Highlights
- Quality bespoke property different to the market
- Quality fully refurbished property
- Momentum steadily building after reopening
- Room for further development of 14 rooms to then total 48 rooms
QUALITY RESORT SIESTA
- ALBURY, NSW
Quality Resort Siesta, the site owners have plans for a new club on the majority of the site adjoining the Resort. The facility will include a full-service café, sports bar, gaming area, and function spaces. Situated on the western side of Wagga Road, Quality Resort Siesta is 6kms north of the Albury central business district. Albury City Council approved a development application by Lendlease across the road from Quality Resort Siesta. The project, known as Riverside Estate, is a 1500-lot subdivision on a 200 ha site comprised of houses and duplexes, open spaces including a district park, and a regional community facility, with the potential to include low scale commercial development.
The site is improved with a good quality, 4-star resort complex completed in 2012 and comprising 60 accommodation units, including family suites and self-contained apartments, plus a manager’s residence and the celebrated Cactus Cantina Restaurant.
Ground improvements include parking, landscaping, resort-style pool, and ancillary improvements. The bitumen car park provides 120 parking spaces with an allocated single carport for each accommodation unit, all ground floor.
Guest facilities include a 30-metre resort-style swimming pool, large outdoor seating area, gym, high-speed internet, and well-maintained landscaped grounds.
Investment Highlights
- 88 suites and apartments
- 2 on-site restaurants
- On-site activities including, tennis, mini-golf, squash and more
- Outdoor lagoon pool and heated indoor pool
COMFORT INN ALL SEASONS
– BALLINA, NSW
The Comfort Inn All Seasons has been one of the best-regarded motels in Ballina since opening in the mid- 1980s. It is centrally located within 5 minutes’ walk of the RSL and minutes away from the CBD, Richmond River, and beaches. The motel has repeat business from coaches, conferences, and corporate and leisure clients.
Facilities include Fleurs restaurant, wireless internet and Smart TV’s in all rooms, private spas in selected rooms, pool and BBQ in tropical setting, and guest laundry.
Investment Highlights
- Well positioned on the main highway on the CBD edge
- Low rent to revenue ratio
- Strong corporate clients and occupancy
- Exceptional cashflows and returns
COMFORT INN BISHOP’S LODGE
– HAY, NSW
Bishop’s Lodge is located in Hay, NSW, on the Murrumbidgee River and has been operating as a motel since 1989. Ideally situated at the mid-point between the major cities of Sydney and Adelaide, and 400 kilometres from Melbourne, Bishop’s Lodge makes an excellent stopover, but with the natural beauty and rich history of Hay on its doorstep. Bishop’s Lodge offers excellent service, clean and comfortable rooms.
Facilities include a locally celebrated restaurant, wireless internet and Smart TV’s in all rooms, private spas in selected rooms, pool BBQ and outdoor entertaining area, tennis court, and guest laundry.
Investment Highlights
- Well-established business with 35 years of trading
- Nicely positioned on the main highway
- Approximately 3 acres of landscaped gardens and lawns
- Standard and facilities best in Hay
BEST WESTERN CHAFFEY MOTOR INN
– MILDURA, VIC
Mildura is a major regional city of some 60,000 people located near the north-western tip of the state of Victoria and at the centre of an area known as ‘Sunraysia’. The settlement is 560 km north-west of Melbourne and is flanked to the north by the Murray River.
The district supplies 80% of Australia’s dried fruit, 15% of its citrus fruit, 85% of the state’s winemaking grapes and it possesses the second and third largest packing companies in the world.
Mildura is also a riverside resort, drawing hundreds of thousands of visitors each year. In this regard it is literally an oasis in the desert and its paddle steamers, lush golf course and other attractions are a welcome site after many kilometres of consistently dry brown terrain and wheat fields. Mildura has a reputation for stylish shopping in a picturesque setting and the central business district has more than 350 traders, including 300 specialty stores.
The Chaffey represents a genuine 4 star Best Western property that caters for the corporate clients and leisure travellers alike, offering a high standard of accommodation close to town boasting a highly renowned fine dining 30 seat restaurant serving the locals as well as in-house guests.
Investment Highlights
- Well positioned on Deakin Avenue on the CBD edge
- Restaurant highly respected and renowned
- Strong corporate customer base
- Stable and secure income and returns
ECONO LODGE GATEWAY TAMWORTH
- TAMWORTH, NSW
Econo Lodge Gateway Tamworth is situated just off the New England Highway, 2.5 km south of the Tamworth city centre. Tamworth is a major regional city approximately 440 kms north of Sydney and 600 kms south of Brisbane. It is the major regional business & service hub for the North West and New England Region of NSW, covering and servicing a diverse agricultural region.
The Tamworth Regional Airport is located within approximately 9.3 km and public transport bus services are available within the immediate vicinity. On the corner of Goonoo Goonoo Road and Thibault Street, the site has an excellent profile to passing pedestrian and vehicular traffic. Street Frontage 96.74 m (Goonoo Goonoo Road frontage). Site Area 8,325 m2. Lettable area 3,333m2.
Tamworth is known as the Country Music Capital of Australia with the annual festival held in January attracting some 50,000 visitors. The City also offers an extensive range of professional, retail, medical, sporting and educational facilities as well as daily air services to Sydney and Brisbane. In September 2008, Tamworth opened the $30 million world class Australian Equine and Livestock Events Centre attracting some of Australia’s premier equine events.
The 3.5 star rated motel comprises 61 rooms of various configurations, has a 50-seat restaurant, a 200 person functions centre and a swimming pool.
Investment Highlights
- Tamworth supported by festivals and sporting events
- Strong visible location
- Upside from current occupancy levels
- 61 rooms
