39-53 Palmer Street, Karumba, Queensland
Gulf Region Beachfront Destination Park
Freehold Price Reduced to $4,500,000
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. Unique beachfront position in Karumba Point, the only caravan park in the area directly on the beach with a nearby boat ramp, enhancing appeal to boaties and fishers.
2. Located in a recognised fishing mecca at the mouth of the Norman River on the Gulf of Carpentaria, approximately 650 km north of Mt Isa and 750 km west of Cairns, supporting strong regional tourism draw.
3. High online demand driver, with the park website attracting 180,000 visits per year and active exposure on about 160 additional sites including social media platforms.
4. Strong repeat and forward booking behaviour, with many tourists booking two to three seasons in advance, indicating reliable occupancy and cashflow visibility.
5. FY24 turnover $1.53M, FY25 projected turnover $1.75M based on year-to-date trading, demonstrating recent revenue growth.
6. Large scale capacity with 163 powered sites, supplemented by 4 cabins and 6 self-contained villas, supporting mixed accommodation revenue streams.
7. Comprehensive guest facilities, including two amenities buildings, camp kitchen and large entertaining area, BBQ areas, inground pool, and fish cleaning tables, enhancing guest experience and length of stay.
8. On-site commercial infrastructure including reception and shop below a renovated three-bedroom former residence, which is now rented short-term and expected to materially increase income and profits.
9. Longstanding professional management, operated under management for the last 20 years, facilitating owner-operator or investor transition.
10. Essential services and site presentation include town water and sewerage, landscaped surrounds, and a work shed, reducing immediate capital expenditure and maintenance barriers.
11. Industry affiliations as a member of Caravanning Australia and Caravanning Queensland, supporting market credibility and targeted marketing channels.
