Cardwell, Queensland
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
FREEHOLD $2.8M
Business Description
- Situated just 150 metres from the beautiful Cardwell beachfront.
- With views to the heritage listed Hinchinbrook Island, and an easy walk to all of Cardwell's facilities, this property offers all guests the facilities expected of a property of this calibre.
- From high 4 star family villas, ensuite cabins, fisherman's cabins and spacious and shady caravan sites and campsites, there is also backpacker facilities including a 16-bed hostel and 28 budget rooms.
- It has recently had 4 new cabins added, and additional septic system to handle 10 more cabins.
- The park is complimented with a sparkling inground swimming pool, camp kitchen and three barbeque areas.
- Owners are treated with two residences that have both been renovated and refurbished to the highest standards.
- With Annual Adjusted Net Income in excess of $467,000 for 2023/24, it represents a Return on Freehold Investment of 16%.
Net Profit: $520,000 projected for 2024/25
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 896CPF (quote when enquiring)
Property Code: 5038
Business Summary
Key Investment Insights
1. The business for sale is a coastal tropical caravan tourist park located in Far North Queensland, just 150 metres from Cardwell beachfront.
2. The property offers a range of accommodation options including high 4-star family villas, ensuite cabins, fisherman's cabins, caravan sites, campsites, backpacker facilities, and budget rooms.
3. Recent additions to the property include 4 new cabins and an additional septic system to accommodate 10 more cabins.
4. The park features a sparkling inground swimming pool, camp kitchen, and three barbecue areas for guests to enjoy.
5. The owners are provided with two renovated and refurbished residences.
6. The Annual Adjusted Net Income for 2023/24 is projected to be in excess of $467,000, representing a 16% Return on Freehold Investment.
7. The projected net profit for 2024/25 is $520,000.
8. Interested buyers can contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
9. The property ID for this listing is 896CPF.
10. This business presents a lucrative investment opportunity in a popular tourist destination with high projected profits and a strong return on investment.
