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 and well-maintained facilities, including 5 motel rooms, 6 villas, and 11 self-contained cabins.
2. Variety of accommodation options, including budget rooms, powered sites, and onsite caravans, catering to a diverse range of tourists.
3. Prime location within 150 metres of the beach, making it an attractive destination for beach-goers.
4. Additional amenities such as an inground pool, camp kitchen, and entertaining area, providing a well-rounded experience for guests.
5. Large land size of 2.75 acres, providing ample space for future expansion or development.
6. Two residences on the property, including a 4 bedroom, 2 bathroom residence and a 3 bedroom, 1 bathroom residence, making it suitable for a family to live on-site.
7. New 30-year lease available with low annual rental, providing stability and potential for long-term growth.
8. Operated under management, offering a hands-off investment opportunity for the new owner.
9. Expected FY25 income of approximately $900,000, indicating a strong and profitable business.
10. Nicely presented park with a history of improving trading each year, providing a solid foundation for future growth.
11. Asking price offers an excellent return on investment of over 30%, making it an attractive opportunity for investors.
12. Potential for the next owner to continue growing the business through marketing and further development of the property.
