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 an Annual Adjusted Net Income of $469,181 for 2024/25, it represents a Return on Freehold Investment of 16.8%.
Adjusted Net Profit: $473,528 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 beachfront-adjacent location, 150 metres from Cardwell beachfront with views to heritage-listed Hinchinbrook Island, and an easy walk to town facilities.
2. Diverse accommodation mix including high 4 star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites, supporting broad market appeal.
3. Substantial budget and group capacity with a 16-bed hostel and 28 budget rooms, enhancing occupancy potential for backpackers and groups.
4. Recent capital improvements include four new cabins and an upgraded septic system with capacity to service 10 additional cabins, supporting future expansion.
5. Strong on-site guest amenities, featuring a sparkling inground swimming pool, camp kitchen and three barbecue areas, improving guest experience and length of stay.
6. Owners’ lifestyle advantage with two renovated and refurbished residences on the property, suitable for on-site management.
7. Robust financial performance, Adjusted Net Profit reported at $473,528 for 2024/25.
8. Annual Adjusted Net Income of $469,181 for 2024/25, representing a reported Return on Freehold Investment of 16.8%.
9. Freehold investment opportunity, indicated by the explicit Return on Freehold Investment metric.
10. Listed and marketed through Tourism Brokers, contact named as Antonio Curulli, aiding a structured sale process and enquiry handling.
