LEASEHOLD $1,650,000

  • Strong and Consistent Earner, in the heart of Port Douglas.
  • Easily run owner operated complex catering for a mix of backpacking tourists and the town’s transient workers all year round.
  • Super high yield accommodation property, 27% if run as owner operated and 20% if run under management.
  • 46 rooms of different configurations, capable of sleeping in excess of 125 people.
  • Well-appointed meal kitchens.
  • Multiple areas for socialising and break out areas.
  • Brand new bar and food restaurant opening up for the new season, and a pizza shop all operated independently by specialised experts.

Tourism Brokers is delighted to present for sale Coral Beach Lodge Lease for the Accommodation component.

The Landlord has a DA at the moment to replace and expand 9 rooms into 30 rooms, which would add another 80 beds to the current operation.  Vendor is seeking to undertake this project within one to two years and will offer this expanded wing to the buyer of this Leasehold.  Current Rent is competitive at $300,000 PA plus GST and outgoings, priced at $2,400 per annum per bed.

Positioned to benefit from the ever-growing popularity of Port Douglas. Forecast Owner Operated Earnings $441,930 for 2021/22 or place a manager in for $85,000 plus Accommodation.


Net Profit: $441,930 forecast for 2022/23

Return on Investment 27% - Owner Managed


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

Property ID:  2752BL (quote when enquiring)

Price LEASEHOLD $1,650,000
Location Port Douglas
Property ID 2752BL
Category Backpacker/Hostel

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