analytics

Tully Heads

LEASEHOLD $760,000

1027CPL - FIVE INCOME STREAMS, IDYLLIC LOCATION, GREAT LIFESTYLE, BRAND NEW LEASE

  • Featuring 71 powered sites, 13 cabins, and 9 unpowered sites on 6.1 acres.
  • Fuel and gas bowsers for the local 400 residents and guests.
  • Fish and Chip shop and Take Away.
  • Large Convenience Store.
  • Licensed Restaurant and Bar.
  • 17 Permanent Rentals bringing in $150,000 Gross Rent covering your Rent and outgoings.

Situated between Cardwell and Innisfail, Tully Heads is a premier location for holiday makers and fishermen alike.

With around 400 permanent residents in town, whom rely on three of the key services provided by the Park, being fuel, take away and bread/milk/basic foods, this Park provides an excellent platform to develop to the next level.

This Tourist Park has it all, five unique business streams (Fuel and Gas, Convenience Store, Fish n Chip Takeaway, Accommodation and Licensed Restaurant and Bar) , and is also underpinned by a Permanent Rent Roll that covers the leasehold Rent for you.

The Leasehold has just signed a new 30 year lease, and the leasehold has now taken over the ownership of 13 cabins, worth over $500,000 alone.

With 84 permitted sites, and a rental of $130,000 per annum it represents a quite low site rental of $1,500 per site. 17 of these sites produce around $150,000 per annum, more than enough to pay for the rental lease and outgoings, leaving you 68 sites (13 Cabins and 55 Powered Sites) to profit from. A further 9 unpowered camping sites are available for those more adventurous.

This Park is currently producing close to $200,000 per annum and represents a solid 25% Return on Investment.

Net Profit $190,665 for 2019/20

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

Property ID: 1027CPL (quote when enquiring)

Property Type business

Quick Links

Agent Details

Antonio Curulli photo

Antonio Curulli

0488 030 853
View Profile