Ingham, Queensland
FREEHOLD NATIONAL HIGHWAY 1 - COASTAL PARK RETURNING 13.75%, WITH PLENTY OF UPSIDE - ID 927CPF
SOLD
Business Description
Strategically located in one of the world’s most scenic areas and within 30 minutes driving to some of some of Far North Queensland’s major attractions this 4.5 acre Freehold Park has a sustainable cashflow to nurture further expansion, through both existing land and acquiring adjacent lands to dramatically expand its operational footprint. The park has 55 x powered sites with the ability for 60 plus 9 well-presented cabins.
Key Features of the Property Include:
- 1 acre of vacant land for developing a further 10 cabins.
- 5 minute drive to the major city centre.
- 3 hour drive to International Airport.
- 1 hour drive to Domestic Airport.
- Large recently renovated 4 bedroom, two bathroom manager’s residence.
- A newly renovated amenities block costing $250,000.
- Sustainable and consistent Net Profit and Cash Flow.
- 15,000 cars daily traffic flow out front.
- Large 55 powered van site with capability for 60.
- 9 well-presented cabins.
- Swimming pool.
- Camp kitchen.
- Close to major fishing, scenic falls and wetland destinations.
- Park Vehicles including a ute, truck, tractor and van worth more than $100,000.
Consistently producing good cash flows, there is ample land to expand the Park with a further 10 Cabins on existing land (STCA) and/or even develop further as a Manufactured Home Estate through acquiring the 5 acres of land adjoining the Park.
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.
Property inspections by arrangement only.
Net Profit: $400,221 for 2022/23
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 927CPF (quote when enquiring)
Property Code: 4225
Business Summary
Key Investment Insights
1. Strategic location in one of the world's most scenic areas
2. Potential for further expansion through existing land and acquiring adjacent lands
3. Sustainable cashflow and consistent net profit
4. Large 4 bedroom, 2 bathroom manager's residence
5. Recently renovated amenities block
6. High daily traffic flow of 15,000 cars
7. 55 powered van sites with potential for 60
8. 9 well-presented cabins
9. Swimming pool and camp kitchen on site
10. Close proximity to major attractions and destinations
11. Park vehicles worth over $100,000 included in sale
12. Potential for further development as a Manufactured Home Estate
13. Viable going concern, easily managed by an active couple
14. Potential for a relaxed lifestyle or major expansion project
15. Property inspections by arrangement only
16. Net profit of $400,221 projected for 2022/23
17. Contact Antonio Curulli from Tourism Brokers for more information or to arrange an inspection
18. Property ID: 927CPF
19. Property code: 4225
