Cardwell, Queensland
Money Maker Beachfront Leasehold, Walk to CBD And Lifestyle Business Opportunity - 2688ML
LEASEHOLD $630,000
Business Description
LEASEHOLD MOTEL FOR SALE
This is your opportunity to set yourself up.
Superbly presented and fully refurbished beachfront Leasehold motel is located in Cardwell a coastal town in the Cassowary Coast Region, North Queensland. Will benefit hugely from the Port Hinchinbrook upgrades and development in close proximity.
Exceptional and easily managed 12 room property perfect for beginners and can be easily operated by a couple.Outstanding long lease with approximately 27 years remaining
- Potential to convert an area into an owner’s residence, freeing up the current residence with beach views for an additional income in the vicinity of $50,000 per annum.
- Consistent performer showing growth over the last few years.
- Outdoor deck with ocean views
- Prominent, highly visible Bruce Highway location with easy direct access.
- Refurbished with no money to spend.
- Dynamic pricing model in place for rooms
- Reception conveniently located behind the residence
- Enjoy the beautiful climate and relaxed beach lifestyle of FNQ.
- Fully insured for cyclone through Elders.
- A mix of rooms to cater for for both corporate and leisure guests.
- Easy walking distance to supermarkets, eateries and sightseeing.
- Inclusions include varying room sizes, air-conditioning, ample off-street parking, a swimming pool, a barbecue area and stunning views over Rockingham Bay and Hinchinbrook Island.
- The business and the area are doing exceptionally well and are just about to get a whole lot better with the Prot Hinchinbrook upgrades and we will see a further Economic Revival: By unlocking the region's full tourism and residential potential, the precinct will bring valuable consumer traffic to Cardwell. Local businesses - including shops, fuel providers, and fishing suppliers - will see flow-on economic benefits as visitor numbers increase.
- For a detailed report and financials, contact us today for this fantasti opportunity, offering high growth and lifestyle as well as a stable business base.
- The owners want to retire and have offered this as a rare opportunity in the current market.
- Inspections are by appointment only.
Net Profit: $221,729 for 2024-25
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2688ML (quote when enquiring)
Property Code: 5457
Business Summary
Key Investment Insights
1. Beachfront, fully refurbished leasehold motel with ocean views over Rockingham Bay and Hinchinbrook Island, turnkey condition with no capital works required.
2. Long secure lease remaining, approximately 27 years, providing medium to long term operational stability.
3. Easily managed 12-room layout suitable for owner-operators or a couple, positioned as a beginner-friendly business.
4. Strong recent financial performance, reported net profit of $221,729 for 2024-25.
5. Clear upside via converting an area to an owner’s residence, enabling the current residence to be let for an estimated additional $50,000 per annum.
6. Strategic location on the Bruce Highway, highly visible with direct access, plus easy walking distance to supermarkets, eateries and sightseeing.
7. Anticipated demand growth from nearby Port Hinchinbrook upgrades and precinct development, expected to boost tourism and local economic activity.
8. Guest amenities include a swimming pool, barbecue area, outdoor deck with ocean views, ample off-street parking and air conditioning.
9. Market positioning covers both corporate and leisure guests with a mix of room sizes and a dynamic pricing model already in place.
10. Operational resilience via full cyclone insurance through Elders, reception located conveniently behind the residence, and inspections by appointment.
11. Owners selling due to retirement, presenting a rare market opportunity for acquisition.
12. High lifestyle appeal in Far North Queensland, promoting relaxed beach living alongside an established, growing business.
