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 a projected Annual Adjusted Net Income of $376,000, it represents a Return on Leasehold Investment of 41%.
Adjusted Net Profit: $376,197 projected for 2024/25
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 direct views to heritage-listed Hinchinbrook Island.
2. Short walk to Cardwell town facilities, enhancing guest convenience and local spending.
3. Diverse accommodation mix, including high 4-star family villas, ensuite cabins, fisherman’s cabins, spacious shady caravan sites and campsites.
4. Substantial budget and group capacity, featuring a 16-bed hostel and 28 budget rooms, supporting backpacker and volume markets.
5. Recent capital works include four new cabins, indicating reinvestment and refreshed product.
6. Additional septic installed to service 10 extra cabins, providing immediate capacity for expansion.
7. On-site leisure amenities include a sparkling inground swimming pool, camp kitchen and three barbecue areas, supporting guest experience and longer stays.
8. Two owner residences, both renovated to high standards, offering operational convenience and accommodation for management.
9. Projected Adjusted Net Profit of $376,197 for 2024/25, showing clear financial performance.
10. Reported Return on Leasehold Investment of 41%, indicating strong return metrics for a leasehold acquisition.
11. Broad market appeal to families, backpackers and fisherfolk, inferred from accommodation types and location.
