FOR SALE
$3,750,000

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Cooktown QLD 4895

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 28300m2
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Cooktown Holiday Park: Profitable, Picturesque, Corporate-Friendly Escape

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 manager’s 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 **

Property Details for Contact Agent For Address, Cooktown

Building Type
Commercial
Land Size
28300m2

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About Cooktown 4895

The size of Cooktown is approximately 2,145.1 square kilometres. It has 20 parks covering nearly 19.8% of total area. The population of Cooktown in 2011 was 2,338 people. By 2016 the population was 2,635 showing a population growth of 12.7% in the area during that time. The predominant age group in Cooktown is 60-69 years. Households in Cooktown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooktown work in a professional occupation. In 2011, 52.5% of the homes in Cooktown were owner-occupied compared with 54.1% in 2016.

Cooktown has 1,809 properties. Over the last 5 years, Houses in Cooktown have seen a 70.65% increase in median value, while Units have seen a 40.26% increase. As at 31 August 2024:

  • The median value for Houses in Cooktown is $346,259 while the median value for Units is $433,043.
  • Houses have a median rent of $500 while Units have a median rent of $315.
There are currently 72 properties listed for sale, and 3 properties listed for rent in Cooktown on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Cooktown.

Suburb Insights for Cooktown 4895

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Shane Croghan
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RAAS Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.