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, it represents a Return on Freehold Investment of 16%.
Net Profit: $467,150 for 2023/24
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
- Located in a prime coastal location with stunning views of Hinchinbrook Island
- Offers a range of accommodation options including villas, cabins, caravan sites, and backpacker facilities
- Recently expanded with 4 new cabins and additional septic system
- Features a swimming pool, camp kitchen, and multiple BBQ areas
- Includes two renovated and refurbished residences for owners
- Annual Adjusted Net Income of over $467,000 with a 16% Return on Freehold Investment
- Property ID: 896CPF (quote when enquiring)
- Property Code: 5038
