Cardwell, Queensland
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPL
LEASEHOLD $900,000
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: $317,076 for 2024/25 - Return on Leasehold Investment of 35%.
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 896CPL (quote when enquiring)
Property Code: 5040
Business Summary
Key Investment Insights
1. Prime coastal location, 150 metres from Cardwell beachfront with views to heritage listed Hinchinbrook Island.
2. Easy walk to all of Cardwell’s facilities, enhancing guest convenience and local spend potential.
3. Diverse accommodation mix, including high 4 star family villas, ensuite cabins, fisherman’s cabins, caravan sites, campsites, backpacker facilities, and budget rooms.
4. Significant backpacker capacity, with a 16‑bed hostel and 28 budget rooms supporting high‑volume, low‑cost segments.
5. Recent capital improvements with four new cabins added, indicating ongoing investment in inventory.
6. Infrastructure ready for growth, additional septic system capacity to support ten more cabins.
7. Onsite leisure amenities include a sparkling inground swimming pool, camp kitchen, and three barbeque areas, supporting family and group bookings.
8. Two renovated and refurbished owner residences, reducing owner accommodation costs and enhancing onsite management capability.
9. Strong 2024/25 financial performance, Adjusted Net Profit of $317,076.
10. High return on leasehold investment, reported at 35%, indicating attractive cash return relative to lease cost.
