Family-run Sarina Beach motel and restaurant hits the market after 17 years
Investors looking to sink their teeth into a new beachfront asset could consider this rare offering in Sarina Beach, Queensland.
Located only 30 minutes from Mackay, Sarina Beach Motel and Restaurant has been listed for the first time in 17 years and is turning heads among lifestyle investors and operators alike.
Listed with national sales manager for ResortBrokers, Marissa von Steiglitz, and local area agent Steven Styles, the freehold represents a turnkey opportunity combining redevelopment possibilities and long-term income potential in one of North Queensland’s most pristine coastal settings.
Set on a generous 3,171 square metre plot, the property was renovated in 2020 and includes a brand-new swimming pool, basketball court, recently renovated commercial kitchen and restaurant, along with a 35-kilowatt solar system and ample guest parking.
There are currently 20 rooms on-site, including budget-friendly rooms, one-bedroom suites, and self-contained options, in addition to a substantial six-bedroom manager’s residence with sweeping ocean views. The asking price is $4.9 million.
“The property has been operated by the same family for 17 years,” says von Steiglitz.
“It has a six bedroom manager’s residence with spectacular views, so it would suit an owner-operator looking to balance work and lifestyle in a beachfront location.”
With a loyal customer base spanning leisure travellers and regional contractors, the asset comes with consistent patronage with a 76 per cent occupancy rate, resulting in a net profit (including the food and beverage turnover) of approximately $715,000 per annum.
Its position on the waterfront gives it great appeal in the coastal accommodation market, where properties with true beachfront access are becoming rare.
“This is a prime beachfront 20-room motel and restaurant with a strong trading history only 30 minutes from Mackay,” von Steiglitz says.
For buyers seeking a sea change with income built in, the property’s layout makes the transition seamless.
“It’s a turnkey opportunity,” von Steiglitz says.
“There are plenty of staff to help transition both the motel and restaurant, so it’s a move-straight-in situation.”
Sarina Beach is earmarked as one of Queensland’s prime investing locations with established businesses in place, growing tourism, and a strong local community. Nearby Mackay is also a top location for investment, boasting a steady economy, airport, healthcare facilities and infrastructure updates such as the Mackay Ring Road upgrade, which is worth $497 million.
