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. Freehold sale price $2.8M, Business Value listed as $0, indicating purchase is for the freehold property rather than a separate goodwill valuation.
2. Adjusted Net Profit $472,528 for 2024/25, delivering a reported return on freehold investment of 16.9%.
3. Prime coastal location 150 metres from Cardwell beachfront, with direct views to heritage listed Hinchinbrook Island.
4. Short walk to Cardwell town facilities, enhancing guest convenience and local amenity access.
5. Diverse accommodation mix including high 4‑star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites.
6. Significant budget and group capacity with a 16‑bed backpacker hostel and 28 budget rooms, supporting varied market segments.
7. Recent capital improvements include four new cabins and an upgraded septic system with capacity to service ten additional cabins, enabling growth without immediate major infrastructure spend.
8. Onsite guest facilities comprise a sparkling inground swimming pool, camp kitchen and three barbeque areas, supporting family and communal leisure experiences.
9. Two owner residences provided, both renovated and refurbished to a high standard, offering onsite management convenience and accommodation quality.
10. Property marketed by Tourism Brokers, with Property ID 896CPF and Property Code 5038, facilitating enquiry and due diligence.
