Queensland
Leasehold Coastal Tourist Park
Leasehold $900,000 + S.A.V.
Business Description
This is a new lease over a tourist park, situated within 150 metres to the beach. Improvements include:
* 5 Motel rooms
* 6 Villas
* 11 Cabins with kitchen facilities - self contained, including 4 newly installed
* 32 Budget rooms
* 28 Powered sites plus 6 onsite caravans
* Camping area, inground pool, camp kitchen and entertaining area
* Amenities block and laundry
* Situated on 2.75 acres of land
* 4 bedroom, 2 bathroom residence that is ideal for a family
* Office and reception with internal access to residence
* Additional 3 bedroom, 1 bathroom residence
* New 30 year lease available with low annual rental
* Operated under management
* FY25 Income expected to be circa $900,000
* This is a nicely presented park that is improving its trading each year
* The asking price offers an excellent return on investment of well over 30%
* Offers much potential for the next owner to continue growing the business
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
Business Summary
Key Investment Insights
1. Newly installed facilities: The park has recently installed 4 new cabins with kitchen facilities, indicating a commitment to improving and updating the park's amenities.
2. Proximity to the beach: The park's location within 150 metres of the beach is a major selling point for tourists looking for a coastal holiday destination.
3. Diverse accommodation options: The park offers a range of accommodation options including motel rooms, villas, cabins, powered sites, and camping areas, catering to a variety of budgets and preferences.
4. Additional residence: The park includes an additional 3 bedroom, 1 bathroom residence, providing potential for the new owner to live on-site or use it as a rental property.
5. Low annual rental: The new lease offers a low annual rental, potentially increasing the park's profitability for the new owner.
6. Strong financials: The park is expected to generate a FY25 income of approximately $900,000, indicating a strong and profitable business.
7. Potential for growth: The park's trading has been improving each year, presenting an opportunity for the new owner to continue growing the business.
8. Nicely presented: The park is described as "nicely presented", indicating that it is well-maintained and visually appealing to potential guests.
9. Return on investment: The asking price offers a return on investment of over 30%, making it an attractive opportunity for potential buyers.
10. Operated under management: The park is currently operated under management, providing the new owner with the option to continue this arrangement or take a more hands-on role in the business.
