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2700mf - Live & Work On An Island Paradise - Hotel, Restaurant & Brewery For Sale

Norfolk Island, New South Wales, Australia
Asking Price:
FREEHOLD $3,750,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Tourism Brokers are pleased to present for sale this Freehold Going Concern interest of this unique Norfolk Island Hotel, Restaurant and Brewery based on Norfolk Island, a truly idyllic location.

The Castaway is located in the heart of Norfolk Island, with sweeping valley and garden views, consists of 20 accommodation rooms, restaurant and a newly established brewery. On offer is a unique opportunity to acquire this recently renovated property with extensive facilities and grounds. Live and work on an island paradise!

Key property features:
- 10 well-appointed hotel rooms.

- 9 one-bedroom apartments and 1 two-bedroom apartment.

- Separate 3-bedroom owner/managers residence.

- 160-seater restaurant and bar.

- Newly added brewery with polished concrete floors and seated tasting area.

- The main facilities expand over four main buildings.

- Separate additional building housing staff in two apartments.

- Newly built equipment shed and carport.

- Extensive gardens and grounds.

- The accommodation offers a mix of hotel style rooms and self-contained apartments. All the rooms are modern, spacious, and feature super comfortable split king-sized bedding.

The restaurant can accommodate 160 guests covering both indoors and outdoors fresco dining. The commercial kitchen has been recently renovated with modern equipment to adequately serve the busy restaurant.

The newly added brewery in 2020 has generated a great local and tourist following and has created a strong additional revenue to the business.

With average Room Tariffs of $120 a night, and great restaurant and bar/brewery turnover, this business has an annual Net Adjusted Profit of a healthy $480,494 per annum and represents a Return on Investment of 12.8%.

Net Profit: $480,494 for 2020/21

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2700MF (quote when enquiring)

Property Code: 4106

Contact Tourism Brokers

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