SECURE YOUR FUTURE WITH ONE OF FNQ's MOST PROFITABLE AND DESIRABLE CARAVAN PARKS | Resort Brokers ID : FH008146
$3,750,000
Caravan Park hospitality, Cooktown QLD
Cooktown Holiday Park is the premier park north of Cairns and contains a healthy mix of powered sites, cabins, and motel rooms. It is set on 2.8 hectares of tropical lawns and gardens in one of Far North Queenslands top tourist destinations.
The park has been under the same ownership for the past 18 years and managed by the same couple for the last 12 years. The cabins and motel rooms consistently draw a strong influx of returning corporate business and tourism throughout the year, while the van sites experience high demand during the tourist season from May to October.
72 powered sites, 23 cabins, and nine fully self-contained motel rooms Set on 2.8 hectares of freehold land just 800m from the city centre Strong, sustainable net profit in excess of $500k Large and modern camp kitchen overlookingthe resort style in-ground pool Large and modern amenities block containing 16 unisex bathrooms and guest laundry Spacious and luxurious 3 bedroom, 2 bathroom manager's residence Voted one of Queensland’s top 10 parks by the Queensland Industry Tourism Council in 2020, 2022 and 2023 Inspections strictly by appointment only Date updated: 28 Apr 2024 23:00:06
More Information
- Total Purchase Price: $3,750,000
- Net Income: $ 509,093
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?