Tropical Palms Resort & 4WD Hire – Magnetic Island

October 24, 2017

Description

Take a step away from the rat race and live the tropical dream on beautiful Magnetic Island, Townsville, North Queensland.

Business Overview
Located in picturesque Picnic Bay at the ‘quiet end’ of Magnetic Island, Tropical Palms Resort & 4WD Hire offers a clean and comfortable retreat for families and adventurers of all ages. The vendors purchased the resort in 2007 and since then, the entire business has been overhauled and upgraded.

This dual freehold accommodation and 4WD hire business is a rare opportunity to truly enjoy the tropical island life. Located only 150 metres from the beach, pub, mall, and just a short walk to the ever popular golf club and quiet parks, Tropical Palms Resort & 4WD Hire offers a fully renovated, modern holiday solution and is one of the island’s preferred holiday resorts.

Facilities
The vendors have spent the last 6 years renovating and improving the business to provide:

  • 12 stylish, modern, airconditioned  self contained studio units
  • 2 bedroom apartment for the owners with beach views
  • New concrete pebble pool and new pebble deck area
  • Fully landscaped gardens and BBQ entertainment area with all weather cover installed (proven to be very popular with families and large groups)
  • A profitable 4WD car hire division which includes a well maintained fleet of 5 and 7 seat automatic SUV type 4WD cars
  • Kiosk and tour desk
  • Laundry

About Magnetic Island
Magnetic Island has a current resident population of nearly 3,000 people and has long become established as a premier NQ tropical holiday destination with stunning bays, golden beaches, wildlife, water sports and meandering walking tracks. It is located 8 kilometres offshore from the city of Townsville and is accessible by a 20 minute fast cat ferry ride. Two thirds of Magnetic Island is National Park and has nearly 25 kilometres of walking tracks meandering through the protected national parks. where you can wander through the eucalypts and catch a glimpse of one of the 2,500 free-roaming koalas and 166 different species of wildlife.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Freehold property is included in the sale
  • Very well established business
  • Accommodation is modern and newly renovated
  • Well maintained fleet of 4WD cars
  • Located only 150 metres from the beach
  • Ideal lifestyle business for a family
  • Easy business to operate
  • Excellent reputation

Business Price
Tropical Palms Resort & 4WD Hire is being sold on a walk in walk out basis for $995,000 (neg).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan Butler – 0419 905 463 or susan@beyond2000.com.au

Location