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, only caravan park in the area located directly on the beachfront with the nearby boat ramp.
2. Prime fishing destination at the mouth of the Norman River in the Gulf of Carpentaria, supporting strong tourist demand.
3. Significant accommodation capacity with 163 powered sites, 4 cabins with kitchens, and 6 self contained villas.
4. Strong digital marketing footprint, website attracting 180,000 visits per year and active listings on about 160 other sites and social platforms.
5. High repeat and forward booking demand, with many guests booking two or three seasons in advance.
6. Wide range of guest facilities including two amenities buildings, camp kitchen and large entertaining area, multiple BBQ areas, inground pool, fish cleaning tables, and landscaped surrounds.
7. On site shop and reception plus a recently renovated three bedroom former residence now generating short term rental income, expected to materially increase profits.
8. Operational infrastructure and support assets include a work shed, town water and sewerage, and established gardens.
9. Solid financial performance, FY24 turnover $1.53M, FY25 projected turnover based on year to date trading $1.75M.
10. Longstanding professionally managed operation, operated under management for the last 20 years.
11. Membership of Caravanning Australia and Caravanning Queensland, enhancing industry marketing and credibility.
12. Strategic regional location roughly 650 kilometres north of Mount Isa and 750 kilometres west of Cairns, anchoring its appeal to road trippers and fishing tourists.
