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 beachfront proximate location, situated 150 metres from Cardwell beach with views to heritage listed Hinchinbrook Island.
2. Short walk to town services and facilities, supporting convenience for guests and walk-in demand.
3. Diverse accommodation mix, including high 4 star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites, plus backpacker offerings.
4. Significant backpacker capacity, comprising a 16‑bed hostel and 28 budget rooms, enabling high-volume, budget market penetration.
5. Recent capital additions include four new cabins and an upgraded septic system designed to support ten additional cabins, indicating ready expansion capacity.
6. Guest amenity package includes a sparkling inground swimming pool, camp kitchen and three barbecue areas, supporting family and group stays.
7. Owners’ operational convenience and on-site management potential, with two residences that have been renovated to high standards.
8. Strong reported profitability, Adjusted Net Profit of $317,076 for 2024/25.
9. Attractive return metric, reported Return on Leasehold Investment of 35%.
10. Leasehold sale structure priced at $900,000, with business value listed as $0, identifying an asset and operational lease opportunity.
