100 Taylors Road, Norfolk Island

Fantastic Norfolk Island Opportunity!

$2,995,000

Property Description

• This boutique, well established, centrally located, 10-unit, fully self-contained 4-star resort, consisting of 1-, 2-, 3-, 4- and 5-bedroom villas, set in tropical gardens, is located just a short stroll to the shops, cafes, and restaurants, and minutes to the ocean, national park, golf and World Heritage Area.

• Cumberland Resort and Spa is a registered as a self-contained tourist accommodation property under the Tourist Accommodation Act (1984) Norfolk Island, consisting of 34 registered accommodation beds. There is a lease in place for additional 10 registered beds at the nearby 5-BR White House.

• High Occupancy, Excellent Return on Investment, TripAdvisor Certificate of Excellence 4 years in a row, ranked #1 specialty accommodation, rated 4 stars by Star Ratings Australia, 4 Employees (Operations Manager, Two Housekeeping Room Attendants, Groundsperson / Maintenance / Gardener)

• Title is Fee Simple (Absolute Freehold). Occupancy of 74% with ADR of $224. Gross Income: $805,000 Net: $361,000

• Located in the Golden Mile of Burnt Pine, Norfolk Island. Land Size: 3,638m2.

• Most Recent Bank Valuation: $3.3 mil real estate only (excluding business).

• Norfolk Island offers an unsurpassed lifestyle opportunity.

Property Summary

Business Snapshot

Price: $2,995,000 Net Profit: $361,000

Hotel Information

Total Rooms: 10Stars: 4Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: Freehold

Other Features / Notes

• Reception Office • Private BBQ’s • Guest laundry • Heated swim spa pool • Sauna - Day Spa/Massage Room plus bathroom • Wi-Fi everywhere (with Wi-Fi management system) • Tour desk • Extensive DVD movie library • Communal Gazebo, kitchen and departure lounge • Reserved Guest Parking • Housekeeping Area • Commercial Laundry • Maintenance Shed / Workshop • Storage Room • Storage Shed • Water Storage consisting of 4 x Water Tanks (122,000 litres)
Marketing Agent
Pip Reeves
Pip Reeves

Pip Reeves
Pip Reeves

LJ Quintal Real Estate

LJ Quintal Real Estate

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

SUNSHINE COAST QLD - 42 HA* SITE DA APPROVED FOR TOURIST PARK
2145ML - STARTER MOTEL SHOWING OVER 34% ROI
Perfectly Run permanent with High BC salary
Calder Family Motel, Kangaroo Flat VIC - 1P0075
Business For Sale - Premium Port Macquarie Business - ID 7846 BL
2165ML - AN AFFORDABLE BUSINESS - YOUR GATEWAY TO INDEPENDENCE
UNIQUE Management Rights Rockhampton (Great Tenants) Same managers 17 years
Business For Sale - In the Heart of Mooloolaba - $422,932 Net - ID 8923 BL
THIS IS THE CHEAPEST FREEHOLD CARAVAN PARK EVER AVAILABLE IN NSW!
Beautiful beachside leasehold property with a 51% return & won't break the bank | Resort Brokers ID : LH006828
Townsville CBD Leasehold Opportunity
2663MF - CBD MONEY MAKER 56 RENOVATED APARTMENTS WITH STRONG UPSIDE
591ML - QUALITY LEASEHOLD IN STRONG REGIONAL CENTRE
Excellent freehold motel in thriving Queensland country town | Resort Brokers ID : FH006820
2659ML - ABSOLUTE WATER FRONTAGE LEASEHOLD WITH ENORMOUS POTENTIAL TO IMPROVE
Caretaking only with unit
1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE
5 Acres Of Beautiful Country To Live. Caravan Park For Sale.