Port Douglas, Queensland
PORT DOUGLAS, BACKPACKER CENTRAL, WALKING DISTANCE TO BEACH AND MARINA - 2752BF
FREEHOLD $8,250,000
Business Description
Strong and consistent earner in the heart of Port Douglas. Tourism Brokers is delighted to present for sale Coral Beach Lodge freehold for the accommodation component.
- Easily run owner operated complex catering for a mix of hotel guests to backpacking tourists and the town’s transient workers all year round. Recently refurbished after Cyclone Jasper with no expense spared.
- Super yield freehold accommodation property earning in excess of $850,000 at 10.3%.
- 28 rooms of different configurations, capable of sleeping in excess of 125 people.
- 2 new fully equipped communal meal kitchens.
- Multiple areas for socialising and break out areas.
- Brand new fully fitted out bar and food restaurant. Fully equipped and ready to trade in the new season.
- The landlord has a DA at the moment to build 28 new rooms at the rear of the property, which would add another 56 beds to the current operation. This parcel of land at the rear can be bought for an additional $1 million.
Positioned to benefit from the ever-growing popularity of Port Douglas. Forecast Owner Operated Earnings $850,000 for 2025/26 based on a working couple.
Adjusted Net Profit: $850,000 for 2025/26
Return on Investment 10.3% - Owner Managed
Additional Rear Land available for a further $1 million.
Contact Antonio Currulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2752BF (quote when enquiring)
Property Code: 5338
Business Summary
Key Investment Insights
1. Freehold accommodation sale, owner operated opportunity in the heart of Port Douglas backpacker central, walking distance to beach and marina.
2. Strong financial performance, forecast owner operated earnings and Adjusted Net Profit of $850,000 for 2025/26.
3. Attractive yield, listed return on investment 10.3% for owner managed operations.
4. Recently refurbished after Cyclone Jasper with no expense spared, reducing immediate capital expenditure risk.
5. Versatile accommodation mix, 28 rooms of different configurations capable of sleeping in excess of 125 people.
6. Onsite food and beverage capability, brand new fully fitted bar and restaurant fully equipped and ready to trade.
7. Shared guest facilities, two new fully equipped communal meal kitchens and multiple social and breakout areas.
8. Expansion potential, current Development Approval to build 28 new rooms at the rear adding 56 beds.
9. Option to acquire additional rear land for $1 million to execute the approved expansion.
10. Positioned to benefit from growing Port Douglas tourism demand, caters year round to hotel guests, backpackers and transient workers.
