100 Moreton StreetBulwer QLD 4025
Property Details for 100 Moreton St, Bulwer
Last Listing description (July 2022)
Looking to escape the hustle and bustle of city life or looking to invest in a high yielding investment that runs fully staffed? 'Castaways' at Bulwer, Moreton Island is a truly unique opportunity. The store / cafe caters is the 'go-to' place for a range of goods and services, and accommodation includes recently refurbished Glamping Tents, units and dorm accommodation options. The operators of the business since 2008 have decided to stick to their core ferry business providing a great opportunity for the next operator to take this business to the next level. If you are not familiar with 'Castaways', an inspection is sure to impress.
- Strong business with multiple income streams
- Priced significantly below replacement value
- Thego-to destination for guests and visitors alike
- Low risk of competition due to development restrictions
- Significant identifiable scope for revenue growth
- 20/21 income derived from reduced room inventory
- Asset price based on realistic stabilised NOP
- Asset priced at high-returning Cap Rates
- Business being sold almost entirely under management
- Benefit from extensive upgrades and additions
- Full and extensive list of inventory and chattels included
- Ideally positioned for new operator to take to next level
- NB. Eco-cabins currently being upgraded new photos soon
Property History for 100 Moreton St, Bulwer, QLD 4025
- 09 Jun 2022Sold for $1,000,000
- 27 Jul 2021Listed for Sale $3,000,000
- 20 Mar 2008Sold for $2,700,000
About Bulwer 4025
The size of Bulwer is approximately 0.4 square kilometres. There is 1 park within the area. The population of Bulwer in 2016 was 49 people. By 2021 the population was 59 showing a population growth of 20.4% in the area during that time. The predominant age group in Bulwer is 50-59 years. Households in Bulwer are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Bulwer work in a managers occupation.In 2021, 46.20% of the homes in Bulwer were owner-occupied compared with 88.20% in 2016.
Bulwer has 77 properties. Over the last 5 years, Houses in Bulwer have seen a 154.61% increase in median value, while Units have seen a 38.69% increase. As at 30 April 2026:
- The median value for Houses in Bulwer is $2,025,499 while the median value for Units is $1,697,475.
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