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.
With Annual Adjusted Net Income in excess of $315,000, it represents a Return on Leasehold Investment of 35%.
Net Profit: $316,407 for 2023/24
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 location just 150 metres from the beachfront in Cardwell, a popular tourist destination in Far North Queensland.
2. Stunning views of the heritage listed Hinchinbrook Island.
3. Close proximity to all of Cardwell's amenities and facilities.
4. Well-maintained and modern facilities including high 4-star family villas, ensuite cabins, fisherman's cabins, caravan sites, campsites, backpacker facilities, and budget rooms.
5. Recent upgrades and additions including 4 new cabins and an additional septic system.
6. Amenities for guests including a sparkling inground swimming pool, camp kitchen, and three barbeque areas.
7. Two renovated and refurbished residences for owners.
8. Strong financial performance with an Annual Adjusted Net Income of over $315,000 and a Return on Leasehold Investment of 35%.
9. Opportunity for further growth and development with potential to add more cabins.
10. Experienced and knowledgeable broker available for further information and inspection arrangements.
