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Cooktown Holiday Park: Profitable, Picturesque, Corporate-Friendly Escape
$3,750,000
Motel Hospitality, COOKTOWN QLD
Historic Cooktown, the gateway to Cape York Peninsula in Far North Queensland, is a prime location for both tourism and corporate business. Corporate clients make up 60% of the cabin and motel trade at the Cooktown Holiday Park, a multifaceted property featuring 72 powered sites, 23 multi-configured cabins, and nine fully self-contained motel rooms. Held by the same entity for the past 18 years, the park has seen significant capital investment, resulting in top-notch facilities.
The welcoming reception area provides guests with essentials like ice, fishing bait, drinks, and food. The camp kitchen is ideal for families and groups, offering three gas barbecues, a gas cooktop, microwaves, fridges, a large-screen TV, and a spacious undercover dining area. This overlooks a purpose-built resort-style pool with sun lounges. The park is serviced by both town and bore water, ensuring lush grounds year-round, and includes two 26,000L rainwater tanks.
The amenities block features 16 unisex individual bathrooms, including two disabled bathrooms, each with a shower, toilet, and vanity. The guest laundry offers four washing machines and four dryers. The park handles its own linen, with a laundry facility located next to the reception area. Behind the reception is the managers residence, a three-bedroom, two-bathroom home with a 68 sqm private timber patio.
Cooktown Holiday Park is highly successful and profitable, owned by the same couple for the last 18 years and run under management for the last 12 years, with reliable staff and an annual staffing allowance exceeding $250,000 after management wages. The property includes a large maintenance block with two three-bay sheds housing extensive inventory. Under the branding of "G'Day Parks," Cooktown Holiday Park presents a sustainable and profitable investment opportunity.
Contact Shane Croghan at Ras360 Property Solutions to learn more and schedule a viewing.
**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
More Information
- Total Purchase Price: $3,750,000
- Net Income: $ 0
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