Feluga, Queensland
FREEHOLD TROPICAL RAINFOREST - COASTAL PARK RETURNING 15% - ID 1039CPF
FREEHOLD $1,650,000
Business Description
Strategically located a few minutes from both the National 1 Bruce Highway, and Mission Beach, this 16 Acre property is well located to attract major Tourist and Workplace guests.
Consistently producing good cash flows, there is ample land to expand the Park and even develop it as a Manufactured Home Estate.
It is being sold as a viable going concern, easily managed by an active couple seeking a relaxed lifestyle or a major expansion project for a serious Park Developer.
Current Facilities include:
- 11 x standard units.
- 4 x units are blocks of 4 rooms each with ensuites (making a total of 16 single rooms).
- 3 x self-contained cabins on ensuite sites.
- 24 x powered caravan sites with annex slab.
- 2 x owned caravans onsite.
- Large camping area and barbeque area.
- Recently renovated ladies and gents shower and toilet block.
- Laundry block with four washing machines for guests.
- Commercial washing machines and dryers for the ensuite rooms.
- Lawns and landscaped gardens.
- Barbeque area.
- Gymnasium and recreation room.
- Manager’s Residence consists of a two bedroom unit including air conditioning, furniture, beds, and kitchen equipment.
- FREEHOLD PARK
Adjusted Net Profit: $208,849 for 2021/22
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1039CPF (quote when enquiring)
Property Code: 4223
Business Summary
Key Investment Insights
1. Freehold 16 acre tropical rainforest coastal park, minutes from National 1 Bruce Highway and Mission Beach, offering strong location appeal to both tourist and workforce markets.
2. Advertised 15% return, with Adjusted Net Profit of $208,849 for 2021/22, indicating established cashflow performance.
3. Viable going concern, presented as easily operated by an active couple seeking a relaxed lifestyle, implying manageable day-to-day operations.
4. Significant upsizing potential, ample land available to expand the park or develop as a Manufactured Home Estate, suitable for a serious park developer.
5. Diverse accommodation mix, comprising 11 standard units, four blocks of four ensuite rooms (16 single rooms), and three self-contained cabins on ensuite sites.
6. Substantial caravan and camping capacity, with 24 powered caravan sites with annex slabs, two owned caravans onsite, and a large camping and barbecue area.
7. Recent amenity upgrades, including a renovated ladies and gents shower and toilet block, enhancing guest comfort and standards.
8. Onsite laundry infrastructure, guest laundry with four machines plus commercial washing machines and dryers servicing ensuite rooms, supporting high turnover and group bookings.
9. Guest facilities and recreation, featuring lawns and landscaped gardens, barbecue areas, a gymnasium and a recreation room, adding appeal for longer stays and families.
10. Included manager’s residence, two bedroom unit with air conditioning, furniture, beds and kitchen equipment, facilitating onsite management and immediate occupancy.
11. Freehold title provides ownership security and potential for capital appreciation, unlike leasehold alternatives.
12. Market positioning close to Mission Beach and major highway suggests strong seasonal and drive-market visitation, supporting both tourism and worker accommodation demand.
