Property

Premium Quality Destination Park

Freehold $6,500,000
New Listing

Description

This outstanding tourist park offers a prospective purchaser a rare opportunity with an unrivalled location, quality improvements, easily run under management and with future upside.

Recognised as one of Australia's premium Tourist Parks it is easy to see why - enveloped by mountainous rainforest in an exclusive suburb, yet only 15 minutes from a major tourist city. It is a destination Park within an iconic destination region.

It's tranquil, relaxed location and proximity to the city, airport, beaches and tourist attractions is enhanced by its accessibility to day tripping regions.

The quality of the Park compliments its location, with its improvements, facilities and grounds of the highest standard. All improvements are either new or refurbished in the past 10 years. Set on 5.3 acres of freehold, the Park consists of the following:

* 21 Villas
* 89 Powered sites comprising:
- 74 Powered concrete slab sites
- 10 Ensuite concrete slab sites
- 5 Powered grass sites
* Reception, office, laundry and garage
* Spacious 4 bedroom, 2 bathroom residence
* Amenity block with guest laundry
* Resort style saltwater swimming pool and spa
* BBQ gazebo and children's playground
* Licensed cafe
* Camp kitchen
* 2 Sheds
* Bitumen roadways with curbing, lighting & tropical landscaped gardens

The Park is easily run under management with impressive length of stay averages assisting in minimising/reducing overall staffing requirement (reception and cleaning).

Reflective of its supreme location, quality improvements and excellent staff are the exceptional reviews the Park enjoys.

The potential upside with the Park is diverse; there is undoubtedly strong demand for additional cabins whilst there is considerable scope for occupancy and tariff growth.

Alternatively, initial council consultations are supportive of a part or full conversion to Manufacture Homes (MHE). The business case to convert is compelling with Stage 1 alone to include the sale of existing cabins with little capex recovering much of the acquisition cost.

Offering a strong return this quality Park offers an astute investor a tremendous opportunity.

Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.

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