Cardwell, Queensland
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
FREEHOLD $2.8M
Business Description
FREEHOLD PARK
- 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.
Adjusted Net Profit: $472,528 for 2024/25 - Return on Freehold Investment of 16.9%.
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. Freehold coastal caravan tourist park in Far North Queensland, 150 metres from Cardwell beachfront with views to heritage-listed Hinchinbrook Island.
2. Strong central location, within easy walking distance to Cardwell's facilities, supporting high guest accessibility and convenience.
3. Diverse accommodation mix, including high four-star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites.
4. Significant backpacker segment, comprising a 16-bed hostel and 28 budget rooms, broadening market appeal and occupancy options.
5. Recent capital enhancements, four new cabins added and an upgraded septic system with capacity for an additional ten cabins, enabling near-term expansion.
6. On-site guest amenities include a sparkling inground swimming pool, camp kitchen and three barbecue areas, enhancing guest experience and length of stay potential.
7. Two renovated owner residences on the property, offering high-standard onsite management accommodation or alternative income/use.
8. Strong financial performance, Adjusted Net Profit of $472,528 for 2024/25.
9. Attractive investor return, stated Return on Freehold Investment of 16.9%.
10. Listing marketed through Tourism Brokers, Property ID 896CPF, facilitating professional sale process and enquiries.
