Cooktown, Queensland
Milkwood Lodge – Cooktown FHGC.
$1,350,000
Business Description
Set on 2.62 hectares of pristine rainforest with beautiful mountain views. 2 minute drive into the township of Cooktown
6 beautifully presented private self-contained luxurious pole cabins with quality fittings throughout. (Seriously, the cabins are outstanding!!) This business has garnered a reputation for providing quality stays whilst ensuring extreme privacy.
Inground saltwater pool with bbq area available for guests.
Well presented and extremely large 2 bedroom fully airconditioned open plan managers residence with expansive outdoor timber deck overlooking rainforest. The office/reception adjoins at the front of the residence.
All laundry done on site. The very best quality linen is used.
Easily run by a 2 person team.
Upward trajectory on revenue, occupancy and ADR with further scope to increase ADR.
Large capital expenditure program has been undertaken by current owners including addition of large solar panel system which has significantly driven down energy costs, installation of a large generator capable of running the whole property in times required, and in excess of $30k spent on a custom built/fully enclosed golf buggy used to cover the grounds with linen, cleaning supplies etc
Strong mix of both tourism and corporate guests.
This is the perfect opportunity for a couple to escape the rat race, have a quality home in a pristine location and a healthy little easily run business. (It’s really like living in your own little world!!)
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Key Investment Insights
1. Beautiful location: The Milkwood Lodge is set on 2.62 hectares of pristine rainforest with stunning mountain views. This provides a tranquil and picturesque setting for guests to enjoy.
2. High-quality cabins: The business has 6 private, self-contained and luxurious cabins with top-notch fittings. These have earned a reputation for providing exceptional stays with a focus on privacy.
3. Inground pool and BBQ area: Guests have access to an inground saltwater pool and BBQ area, providing additional amenities for their stay.
4. Spacious manager's residence: The 2-bedroom manager's residence is well-presented and fully air-conditioned, with a large outdoor deck overlooking the rainforest. The office/reception is conveniently located adjacent to the residence.
5. On-site laundry: All laundry is done on-site, using the best quality linen for guests.
6. Easily run by 2 people: The business can be easily managed by a couple, making it an ideal opportunity for those looking to escape the rat race and have a manageable business.
7. Upward revenue trajectory: The business has shown an upward trend in revenue, occupancy, and average daily rate, with potential for further growth.
8. Recent capital expenditure: The current owners have invested in a large solar panel system, a generator, and a custom-built golf buggy to improve energy efficiency and operations.
9. Diverse guest mix: The business caters to both tourism and corporate guests, providing a stable and diverse customer base.
10. Ideal for a couple: The Milkwood Lodge offers the perfect opportunity for a couple to live in a beautiful location, own a successful business, and enjoy a peaceful lifestyle.
