A beachfront caravan park for sale located within the Mon Repos Conservation Park and adjoining the Mon Repos Turtle Centre is tipped to attract significant buyer interest amid booming demand for Queensland caravan and holiday assets.
CBRE Hotels’ Hayley Manvell and Paul Fraser have been exclusively appointed to sell the freehold going concern interest in the Turtle Sands Camping & Holiday Park via an Expressions of Interest campaign – marking the first time the property has been publicly offered for sale.
Turtle Sands is situated on a circa 5.3ha freehold land parcel, offering 300 plus metres of absolute frontage to Mon Repos Beach. Located six minutes from Bargara and 15 minutes from Bundaberg, the property currently comprises 106 sites, including beachfront cabins, camping and caravan sites, with a redevelopment approval in place to increase the density to 127 sites.
The redevelopment approval allows the property to be completely modernised with a repositioning of the park to offer a variety of offerings, amenities and services. The approval allows for beachfront and poolside cabins, beachfront caravan and camping sites, studios apartments, bunkhouses for school groups and backpackers, glamping tents and recreational facilities, including a pool, beachfront lounge area and playground.
Turtle Sands’ location adjoining the conservation area and adjacent to one of Queensland’s premier tourist attractions – the recently constructed $30m Mon Repos Turtle Centre – gives the park unparalleled access to a captured market next to a key year-round demand generator.
Mon Repos Beach supports the largest concentration of nesting marine turtles on the eastern Australian mainland and is home to the most substantial nesting population of the endangered Loggerhead turtle in the South Pacific region.
It is also recognised as the only region in the world to have recorded the nesting and hatching of four different sea turtle species – being the Loggerhead, Flatback, Green Sea and Leatherback turtles. Each year thousands of people visit the Mon Repos Turtle Centre with guided tours operating nightly from November to March.
The Bundaberg region is also an important tourism gateway for the area’s national parks and the Southern Great Barrier Reef, including Lady Musgrave and Lady Elliot islands.
CBRE Hotels Associate Director Hayley Manvell said, “This is a substantial beachfront development opportunity in a truly unique location, with approvals in place which would allow investors to establish a high-quality recreational precinct. There are limited competing offerings in the region, particularly absolute beachfront property with incredible demand for accommodation in the area.”
CBRE Hotels’ Director Paul Fraser added, “We are currently fielding record enquiry for caravan and holiday parks, highlighted by our recent marketing campaign for the NRMA Agnes Waters Holiday Park. The investment fundamentals of Turtle Sands and the potential to completely modernise and reposition the property will underpin significant investor interest.”
The property, which also has redevelopment potential for other uses aside from a tourist park such as residential and retirement facilities, is being sold via an Expressions of Interest campaign closing 30 June 2022 (unless sold prior).
