Aloha Apartments - Norfolk Island (IWF2112)

8 days ago

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Internal Ref: 6544

Summary

Lifestyle change opportunity. Holiday accommodation for sale in beautiful Norfolk Island.

About the Business

Price reduced to sell

Exceptional Accommodation Business in the Heart of Burnt Pine, Norfolk Island.

A unique opportunity exists to acquire a thriving accommodation business, including property, buildings, and established operations, ideally positioned in the centre of Burnt Pine, Norfolk Island’s main township. Set in a peaceful garden environment, this property offers both privacy and convenience, just moments from the island’s key amenities.

Location Highlights
- Prime position in Burnt Pine, Norfolk Island’s commercial and tourism hub
- Short stroll to supermarkets, cafés, restaurants, and clubs
- Popular with guests attending music festivals and cultural events

Property & Business Features
- 34 self-contained, two-bedroom apartments, catering for families and groups
- 14 renovated Deluxe apartments for guests seeking premium comfort
- 20 standard rooms, ideal for flexible accommodation needs
- Central office and reception area
- Dedicated departure lounge and function room/breakfast bar
- Onsite tour desk to capture additional revenue from local experiences
- Three guest laundries plus a large industrial laundry
- Wheelchair accessible facilities
- Library, BBQ area, children’s playground, and outdoor swimming pool
- Free onsite parking for guests
- Spacious storage and workshop shed for maintenance and supplies

Additional Income Streams
- Onsite café/shop included in the sale, with an attached two-bedroom flat-ideal for owner/manager residence or additional letting
- Function and events facilities, suitable for meetings, groups, and special occasions

Business Structure
- Sale includes the freehold land, all buildings, and the operating business
- All assets are to be sold together, providing a turnkey investment

Market Overview
Norfolk Island’s tourism sector remains the cornerstone of the local economy, accounting for over 35% of the island’s Gross Territorial Product in 2024, with more than 30,000 visitors annually and strong demand for quality accommodation. The island’s unique appeal, and a calendar of music and cultural festivals underpin consistent occupancy and repeat business.

Investment Rationale
- Rare freehold opportunity in a tightly held market
- Multiple revenue streams from accommodation, café, and events
- Well-maintained, scalable property
- Positioned to benefit from ongoing growth in Norfolk Island tourism

Contact us today to discuss this outstanding opportunity to secure a high-performing accommodation business...

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