Cooktown, Queensland

Outstanding Passive Property Rental with Easy to Manage Caravan Park - 1061CPF

FREEHOLD $1,250,000

Business Description

Cooktown Orchid Travellers Park an enticing opportunity for anyone looking to invest in a combination of retail and hospitality sectors. The property offers a unique chance to diversify investments with its prime retail shops and the well-established Cooktown Orchid Travellers Park.

Key Highlights of the Investment Opportunity:

- Prime Retail Shops (175 m2 Bakery and 180 m2 Realty

- Located in the heart of Charlotte Street, Cooktown

- Visibility and Foot Traffic: Unparalleled exposure in a high-traffic area

- Tenant Retention: Strong track record of tenant retention

- Flexible Floor Plans: Modern amenities and customizable layouts

- Potential Uses: Suitable for new ventures or as a profitable addition to an existing portfolio

- Contributing Gross Rentals of $64,500 PA plus GST.

Cooktown Orchid Travellers Park:

- CBD location, within walking distance to all of Cooktown's amenities offering luxury caravan spaces, spacious RV spots, and more

- Known for exceptional hospitality and clean facilities.

- Established and loyal clientele.

- Ready to operate with minimal additional investment.

- Contributing Gross Revenue of $232,925 PA.

- Investing in this property could be the perfect opportunity for those looking to blend a balanced income and lifestyle with a high return on investment in a prime location.

- The combination of retail and tourism-focused businesses ensures a diversified and steady revenue stream, making it a potentially lucrative venture.

Net Profit: $190,000 for 2023/24 (as provided by vendor accountant)

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1061CPF (quote when enquiring)

Property Code: 5012

Business Summary