Norfolk Island, New South Wales 2899
circa $4,750,000
Key Features
AI generated. Contact seller to confirm.
- Approximately 50-key resort operation
- Set on approximately 2.36 hectares
- Three separate land titles
- Restaurant, bar and conference facilities
- Swimming pool and landscaped grounds
- Freehold sale with asset-backed valuation
- Turnover: $2.4 million to $2.5 million per annum
- Net Profit: Not disclosed
- Rent/Lease: Freehold included (no lease)
- Stock Value: Not disclosed
- Established: Established trading history over many years
Business Details
Business Category Hotel Resort
Paradise Hotel & Resort presents a rare opportunity to acquire a substantial freehold resort asset on Norfolk Island, combining established trading performance with underlying land security and long-term optionality.
Set across approximately 2.36 hectares and held over three separate titles, the property is improved with a well-established resort complex comprising approximately 50 guest rooms, restaurant and bar facilities, conference capability, swimming pool, landscaped grounds and staff accommodation. The configuration of the land provides flexibility and potential future development or partial divestment opportunities, a feature not commonly available in tightly held island markets.
Financial profile
Revenue around $2.4 million to $2.5 million per annum.
Gross profit margins remain strong for a regional resort asset.
Income is diversified across accommodation, food and beverage, conferencing, tours and car hire.
The freehold is included in the sale, removing lease risk and providing long-term asset control.
Independent local advice places the underlying land and improvements value at approximately $3.7 million, providing a solid asset-backed position.
Asset highlights
Approx. 50-key resort operation.
Established trading history over many years.
Three separate land titles.
Well-maintained improvements with limited immediate capital expenditure anticipated.
Scale rarely available in the Norfolk Island market.
Investment
This is not a lifestyle breakeven operation. It is a genuine freehold going concern suited to experienced hospitality operators, high net worth individuals seeking income supported by real property, boutique resort groups or investors looking to diversify into tourism-backed real estate with scale.
The property and business are offered for sale together as one combined opportunity.
Expressions of Interest invited.
Pricing expectations circa $4.75 million.
Further information will be provided upon execution of a Confidentiality Agreement.
Property Code: 157
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.