Outstanding Passive Property Rental with Easy to Manage Caravan Park - 1061CPF

FREEHOLD $1,250,000

Cooktown Orchid Travellers Park an enticing opportunity for anyone looking to invest in a combination of retail and hospitality sectors.  The property offers a unique chance to diversify investments with its prime retail shops and the well-established Cooktown Orchid Travellers Park.

Key Highlights of the Investment Opportunity:

  • Prime Retail Shops (175 m2 Bakery and 180 m2 Realty
  • Located in the heart of Charlotte Street, Cooktown
  • Visibility and Foot Traffic: Unparalleled exposure in a high-traffic area
  • Tenant Retention: Strong track record of tenant retention
  • Flexible Floor Plans: Modern amenities and customizable layouts
  • Potential Uses: Suitable for new ventures or as a profitable addition to an existing portfolio
  • Contributing Gross Rentals of $64,500 PA plus GST.

Cooktown Orchid Travellers Park:

  • CBD location, within walking distance to all of Cooktown's amenities offering luxury caravan spaces, spacious RV spots, and more
  • Known for exceptional hospitality and clean facilities.
  • Established and loyal clientele.
  • Ready to operate with minimal additional investment.
  • Contributing Gross Revenue of $232,925 PA.
  • Investing in this property could be the perfect opportunity for those looking to blend a balanced income and lifestyle with a high return on investment in a prime location.
  • The combination of retail and tourism-focused businesses ensures a diversified and steady revenue stream, making it a potentially lucrative venture.

Net Profit: $190,000 for 2023/24 (as provided by vendor accountant)

 

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1061CPF (quote when enquiring)

 

 

 

Price FREEHOLD $1,250,000
Location Cooktown
Property ID 1061CPF
Category Caravan Park

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