Hopetoun, Western Australia

THREE INCOME STREAMS. ONE SUBSTANTIAL COASTAL FREEHOLD. | Resort Brokers ID : FH009376

$5,700,000

Business Description

Wavecrest Village presents a compelling freehold going concern opportunity in Hopetoun, Western Australia, combining three established income streams across 4.68 hectares of coastal land.
The business comprises 32 long-term residential site agreements, 15 self-contained three-bedroom accommodation units, 13 powered caravan sites and a fully licensed bar and bistro with capacity for up to 600 people. This diverse operating model provides recurring residential income alongside short-stay tourism, corporate accommodation and hospitality trade.
Located between Albany and Esperance and close to Fitzgerald River National Park, Wavecrest benefits from tourism and nature-based visitation while also servicing corporate demand from industry within the wider region.

For an incoming owner, there is genuine scope to take the business further. Seven vacant sites provide potential for additional residential income or development, while a previously approved 32-unit motel development demonstrates the potential of the substantial landholding. Further opportunity exists to increase utilisation of the established bar and bistro through functions, events and increased marketing.

Wavecrest offers an incoming owner the opportunity to acquire more than a traditional caravan park – combining recurring residential income, accommodation, hospitality operations and substantial freehold real estate in one established coastal business.

- Three established income streams across residential, accommodation and hospitality
- 32 long-term residential site agreements providing recurring income
- 15 self-contained three-bedroom units plus 13 powered caravan sites
- Fully licensed bar and bistro with capacity for up to 600 people
- 4.68-hectare freehold with further development potential
- Five-bedroom manager’s residence and extensive guest facilities
- Property inspections are by appointment only

Date updated: 29 Sep 2026 23:00:03