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Hamilton Island Lpo 5 Days Per Week For Sale

Hamilton Island, Queensland
Asking Price:
$640,000 (AUD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The LPO is the vital link to the outside world for this unique island community. It is located in Front Street in the Marina retail precinct.

The Post Office: The shop is very spacious, bright and clean, with one good size counter. The shop is equipped with 2 Australia Post Epos machines, 3 Scanners, 1 Electric Scales and 2 Electric Till drawers. The Hamilton Island Post Office has 547 private boxes with most of the private boxes are occupied. A fit-out was completed in August 2012 to Australia Post requirements and no further updates have been requested. The Post Office is a very secure, monopoly type business and the working conditions are pleasant. Product lines sold at the Post Office include stationery, games & toys, magnets, greeting cards.

The lease for the Post Office: 5 years commencing on the 1st July 2017, a new lease may be negotiated with the landlord.

The Businesses operating hours: Monday to Friday 8:30am–4:30pm closed Saturday and Sunday.

Services Provided: This Licensed Post Office is privileged to process Australian passports, Tax File Number applications along with other Extended Identity Services (EIS) and most Australia Post Services including Western Union Money Transfer, Facsimile Services and Photocopy Services. The income is very consistent and increasing annually.

Opportunities: Capitalise on the location and the tourist trade. The Hamilton Island Post Office is ideal as a Husband and Wife, partnership or family business. Two people i.e. Husband / Wife team can comfortably run this Post Office full time. An enthusiastic family coming into the business could take this business to a much higher level of income. The shop is spacious and allows proper presentation of stock and higher profit lines to be introduced and displayed.

The Location & Supporting Benefits: Hamilton Island is a popular tourist destination all year round. It is the largest inhabited island of the Whitsunday Islands in Queensland. It is positioned approximately 887 kilometres north of Brisbane and 512 kilometres south of Cairns.

It is also the only island in the Great Barrier Reef with its own commercial airport, with direct flights from Sydney, Melbourne, Brisbane and Cairns. Hamilton Island is also served by ferry services, which carry only passengers. Private transport needs are mostly served by a fleet of golf buggies. A free public shuttle bus operates on the island serving major points of interest and accommodation sites.

Unlike most islands off the east coast of Australia, Hamilton Island is used almost exclusively for tourism. However, it is now catering for a growing number of residents, employees of the various businesses on the island, and people choosing to retire on the island. Hamilton Island State School caters for students from the Preparatory Year to Year 6. The school also offers a range of extra-curricular offerings. Approximately 20 teenagers commute to the secondary schools on the mainland, which is a short ferry trip away.

Net income approximately $215,000 + per annum

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