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.
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. Prime coastal location 150 metres from Cardwell beachfront, offering direct beach access appeal to holidaymakers.
2. Scenic views to heritage‑listed Hinchinbrook Island, providing a strong marketing feature for guests.
3. Short walk to all of Cardwell’s facilities, improving guest convenience and local spend potential.
4. Diverse accommodation mix including high 4‑star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites, catering to multiple market segments.
5. Significant backpacker capacity with a 16‑bed hostel and 28 budget rooms, supporting year‑round occupancy from budget travellers.
6. Recent capital improvements including four new cabins and an upgraded septic system with capacity for an additional 10 cabins, indicating ready capacity for expansion.
7. On‑site leisure amenities include a sparkling inground swimming pool, camp kitchen and three barbecue areas, enhancing guest experience and length of stay.
8. Two owner residences, both renovated to a high standard, reduce on‑site staffing accommodation costs and provide owner lifestyle benefits.
9. Strong financial performance, adjusted net profit of $472,528 for 2024/25, demonstrating profitability.
10. Attractive return on freehold investment of 16.9%, signalling solid investor yield.
11. Property presented as high calibre with facilities aligned to expectations of mid‑to‑upmarket guests, supporting premium pricing potential.
