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Island Lifestyle - Don't miss this great opportunity to secure a FHGC | Resort Brokers ID : FH008854
$2,795,000
Motel (Freehold) hospitality, NORFOLK ISLAND
ResortBrokers is proud to present the freehold going concern of Cumberland Resort and Spa, a premium 10-room accommodation business on a 3,628sqm site in Burnt Pines prestigious Golden Mile.
The property offers modern spa villas, a four-bedroom house, a heated saltwater pool, a guest day spa, and an on-site laundry, achieving consistently high occupancy and strong returns. Fully computerised systems, solid forward bookings, and an experienced management team ensure smooth, efficient operation.
An optional five-bedroom residence and hire car fleet provide additional income opportunities. Ideal for owner-operators or remote investors, with significant potential to further enhance occupancy and revenue.
- Prime position in the Golden Mile of Burnt Pine, Norfolk Island
- Consistently high occupancy and strong financial returns
- Modern, recently renovated spa units
- Heated saltwater pool and guest day spa, enhancing guest appeal
- Potential to boost occupancy via additional channels
- Fully computerised booking system with third-party integration
- On-site linen and laundry facilities streamline operations
- Genuine lifestyle business with a unique Norfolk Island experience
- Inspections by appointment only
Date updated: 18 Aug 2025 23:00:01
More Information
- Total Purchase Price: $2,795,000
- Net Income: $ 669,742
(actual)
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?