Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location: The BIG4 Cane Village Holiday Park Bundaberg is located in a prime location, within walking distance to Stocklands, cinemas, clubs, parks, and more. This makes it an attractive destination for tourists and long-term occupants.
2. Mixed-use park with potential: The park offers a mix of 106 sites, including 23 semi-permanent occupants and 83 tourist sites. This provides a diverse income stream and potential for further development.
3. Consistent income growth: The park has shown consistent year-on-year income growth from tourist, long-term, and permanent occupants. This indicates a strong and stable financial performance.
4. Amenities and facilities: The park offers a range of amenities and facilities, including a pool, camp kitchen, BBQs, and amenities. These facilities enhance the guest experience and contribute to the park's popularity.
5. Forecasted income: The park has a forecasted total income of $1.30m for CYE 2024, indicating a positive outlook for future financial performance.
6. Popular tourist destination: Bundaberg is a top tourist destination and a popular lifestyle destination, making it an attractive location for a holiday park. This provides a steady flow of visitors and potential for growth.
7. Proximity to major cities: The park is within a 4-hour drive to Brisbane and a 3-hour drive to Rockhampton, making it easily accessible for tourists and potential guests.
8. Development potential: The park has a substantial 1.80ha site with approval to reconfigure to a 105 site manufactured home estate. This provides potential for further development and expansion of the park.
9. Higher yielding accommodation: There is scope to install higher yielding accommodation, such as cabins or villas, to increase revenue and profitability.
10. Strong local economy: Bundaberg has a strong economy, with a GDP of $5.07b and the second-highest economic growth rate in Queensland. This provides
