39-53 Palmer Street, Karumba, Queensland
Gulf Region Beachfront Destination Park
Freehold $6,500,000 + SAV
Business Description
Gulf Region Beachfront Destination Park.
Karumba Point Sunset Caravan Park is located in Karumba Point, a coastal town in the Gulf of Carpentaria at the mouth of the Norman River, approx. 650km North of Mt Isa and 750km West of Cairns. The area is a fishing mecca, whilst Karumba Point has the only stretch of beach with a boat ramp in the central Savannah Coast that can be accessed by road. The Park is the only Caravan Park in the area located directly on the beachfront with the boat ramp nearby.
The park has benefited from the current Owner’s marketing initiatives with the website (www.sunsetcp.com.au) alone currently attracting 180,000 visits per year (and growing), along with active listings and blogs on approximately 160 other sites including Twitter, Facebook, Linked In and Flickr. The Park is also a member of Caravanning Australia and Queensland and is so popular with Tourists that many book two or three season's in advance to ensure there is availability for their travels.
The property is well presented with well-established gardens. Improvements consist of the following:
- 163 powered sites
- 4 cabins with kitchen facilities
- 6 self-contained villas
- Two amenities buildings
- Camp Kitchen and large entertaining area
- BBQ area’s
- 3 bedroom former residence (which has just been renovated and has commenced being rented out for short term accommodation, which will greatly increase the business' income and profits)
- On-site shop and reception below residence
- Inground pool
- Work shed
- Fish cleaning tables
- Town water and sewerage
- Landscaped surrounds
FY24 Turnover was $1.53M whilst FY25 based on YTD trading is projected to Turnover $1.75M. The park has been operated under management for the last 20 years.
This is an exceptional Park in an ever increasingly popular tourist area with excellent figures that won't disappoint.
Register your interest now with the Exclusive Agent, Andrew Morgan.
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.
Business Summary
Key Investment Insights
1. Prime coastal location at Karumba Point, on the Gulf of Carpentaria, positioned at the mouth of the Norman River, approximately 650 km north of Mt Isa and 750 km west of Cairns.
2. Unique market position as the only caravan park in the area directly on the beachfront with the nearby boat ramp, attracting boating and fishing visitors.
3. Located in a recognised fishing mecca, supporting strong seasonal and niche tourist demand.
4. High online presence and marketing traction, with the park website generating about 180,000 visits per year and listings or content on roughly 160 additional sites and social platforms.
5. Demonstrated strong forward demand, with many guests booking two to three seasons in advance.
6. Diverse accommodation mix supporting multiple revenue streams, including 163 powered sites, 4 cabins with kitchens, 6 self contained villas, and a renovated three bedroom residence now let as short term accommodation.
7. Comprehensive onsite facilities that enhance guest experience and attract longer stays, including two amenities buildings, camp kitchen and large entertaining area, BBQ areas, inground pool, fish cleaning tables, on site shop and reception.
8. Operational conveniences and low infrastructure risk, with town water and sewerage, a work shed, and well established landscaped gardens.
9. Strong financial momentum, FY24 turnover of $1.53M and FY25 projected turnover of $1.75M based on year to date trading.
10. Longstanding professional management structure, operated under management for the last 20 years, suggesting operational continuity and transferable systems.
11. Well presented property with recent improvements and a recognised tourism membership profile, including Caravanning Australia and Queensland, supporting credibility and market reach.