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Press Release

Press Release – Sandcastles 1770 Resort

Media Release

November 4, 2014

Sandcastles 1770 Resort for Sale

 

Sandcastles 1770 Resort and Motel at Agnes Water on the central Queensland coast has been offered for sale as a freehold and business opportunity by Ray White Hotels Australia.

The property at 40 Captain Cook Drive, Agnes Water, is being marketed in an Expressions of Interest campaign by Leon Alaban and Grant Bailey of Ray White Hotels Australia.

Mr Alaban said Agnes Water lies on Queensland’s Discovery Coast and is renowned for is secluded beaches and access to the world famous Great Barrier Reef. “The Discover Coast region is a major drawcard for interstate and international visitors and there are some key projects being developed to further boost local tourism and the regional economy,” he said. “There’s a proposal near the regional centre of Gladstone, north of Agnes Water, for a $90 million adventure park featuring a surfing wave park which will be open 24 hours a day.  “A new co-educational facility Discovery Christian College, for students from prep to year 12, will also be located in the heart of Agnes Water.”

Mr Bailey said the Sandcastles 1770 Resort was attracting interest from a range of potential buyers including moteliers, management rights operators, restaurateurs, various investment groups, corporate operators and developers. “Sandcastle 1770 resort enjoys direct beach access, a lagoon-style pool and heated spa, an on-site restaurant and bar as well as a function room which is ideal for weddings, corporate events and other group functions,” he said.

“The accommodation facilities at the resort include 24 beach homes, 24 garden villas, nine apartments and nine motel rooms. “Vacant land adjacent to the beach homes has DA approval for 48 one and two bedroom units. There’s also an opportunity for further development of the motel as it has an existing DA for additional rooms and a manager’s residence.”

Agnes Water is located approximately 520km north of Brisbane and is approximately 122km from Gladstone and 122km from Bundaberg.

Expressions of Interest for Sandcastles 1770 Resort close at 4pm (AEST) on Wednesday, November 26, 2014.

ENDS    

For more information:

Leon Alaban

Mb: 0422 011 455

 

Grant Bailey

Mb: 0414 818 909

 

About Ray White

Ray White is the largest real estate and property group in Australasia. The company, established in 1902 at Crows Nest in Queensland, has almost 1,000 individual offices spread across Australia, New Zealand, Indonesia and India as well as newer offices in key locations in the Asian region and the United Arab Emirates. The brand is represented by more than 8,000 staff, has an annual sales turnover in excess of $30 billion and manages more than 300,000 rental properties.

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