Cardwell, Queensland
896CPL - FAR NORTH QUEENSLAND CARAVAN LEASEHOLD - BRAND NEW 30 YEAR LEASE
SOLD
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 camp sites, there is also backpacker facilities including a 28-bed hostel and non-ensuite double room accommodation.
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.
There have been major improvements and renovations to the park since cyclone Yasi in February 2011, with over $1 million dollars spent.
With Annual Adjusted Net Income in excess of $183,450, it represents a Return on Leasehold Investment of 25%.
This park represents excellent value.
Net Profit: $183,456 - 3 year average
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 896CPL (quote when enquiring)
Property Code: 3561
Business Summary
Key Investment Insights
1. Prime location just 150 metres from the beachfront in Cardwell, with views to Hinchinbrook Island.
2. Wide range of accommodation options including high 4-star villas, cabins, caravan and camp sites, and backpacker facilities.
3. Well-maintained and modern facilities including a swimming pool, camp kitchen, and multiple BBQ areas.
4. Two renovated and refurbished residences for owners.
5. Major improvements and renovations made since cyclone Yasi in 2011, with over $1 million spent.
6. Annual Adjusted Net Income in excess of $183,450, representing a Return on Leasehold Investment of 25%.
7. Excellent value for a well-established and profitable business.
8. Opportunity for further growth and development.
9. Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 896CPL (quote when enquiring).
11. Property Code: 3561.
