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. Prime location: The business is situated just 150 metres from the beautiful Cardwell beachfront, with views to the heritage listed Hinchinbrook Island. This prime location offers guests easy access to the beach and all of Cardwell's facilities.
2. Diverse accommodation options: The business offers a range of accommodation options to cater to different types of travelers. From high 4-star family villas to budget rooms, there is something for everyone. The addition of 4 new cabins and a new septic system to accommodate 10 more cabins shows a commitment to continuously improving and expanding the business.
3. Excellent facilities: The park offers guests a range of facilities including a sparkling inground swimming pool, camp kitchen, and three barbeque areas. These facilities add value to the guest experience and make the business more attractive to potential buyers.
4. Two renovated residences: The owners are treated with two residences that have been renovated and refurbished to the highest standards. This not only provides a comfortable living space for the owners but also adds value to the overall property.
5. Strong financial performance: The business has a projected Annual Adjusted Net Income of $520,000 for 2024/25, representing a Return on Freehold Investment of 16%. This shows a strong financial performance and potential for future growth.
6. Experienced broker: The business is listed with Tourism Brokers, a reputable and experienced broker in the tourism and hospitality industry. This provides potential buyers with confidence in the accuracy and reliability of the information provided.
7. Property ID: The business has a unique Property ID (896CPF) which can be used when enquiring for further information. This makes it easier for potential buyers to find and inquire about the specific business they are interested in.
8. Property Code: The business has a designated Property Code (5038) which can be used when enquiring. This code helps to streamline the process and ensures that all parties involved are on the same page.
