214 Coolibah Drive, Kununurra, Western Australia
Ivanhoe Village Caravan Resort
Under Contract / Offer
Business Description
Premier property set on 5.368 hectares
In the heart of Kununurra gateway to the Bungle Bungles and Broome
Excellent turnover and profitabiity with room to further expand
Offering 20 chalets, 4 studio units, 20 ensuite suites, 2 staff residences
Spectacular in-ground swimming pool and tropical feel
Business Summary
Key Investment Insights
1. Premier caravan resort on a substantial 5.368 hectare site, providing physical capacity for expansion and development.
2. Strategic location in Kununurra, positioned as the gateway to the Bungle Bungles and Broome, offering strong tourism demand and route-based visitation.
3. Reported excellent turnover and profitability, indicating a solid financial foundation for investors.
4. Explicit room to further expand operations or accommodation, suggesting growth potential and upside.
5. Diverse accommodation mix of 44 units, comprising 20 chalets, 4 studio units and 20 ensuite suites, supporting multiple market segments.
6. Presence of 2 on-site staff residences, enabling stable staffing, reduced employee turnover and lower accommodation costs for staff.
7. Resort branding as a caravan resort plus chalets and suites, allowing capture of both drive‑market caravaners and higher‑yield accommodation guests.
8. Spectacular in-ground swimming pool and tropical ambience, enhancing guest experience and supporting premium nightly rates.
9. Large landholding and variety of accommodation types suitable for repositioning, branding upgrades or additional revenue streams such as events or food and beverage.