Millaa Millaa, Queensland
Picturesque Tablelands Caravan Park on 7 Acres With Upside - 1P6269CP
SOLD
Business Description
EXCLUSIVE TO CRE BROKERS. Located in one of the most spectacular regions in North Queensland, Millaa Millaa Tourist Park provides highland, rainforest accommodation amidst cool, clean mountain air and an abundance of friendly animals. A wonderful cool, clean tropical climate, close to the coast and international airports.
Only 60km from Innisfail and 100km from Cairns, Millaa Millaa is at the southern entrance to the Atherton and Evelyn Tablelands.
Enormous upside for a new owner, either to expand with more tourist accommodation and/or convert to an "Over 50's Residential Village" (STCA). There is strong demand for both options in the area.
All inspections strictly by prior arrangement with the broker.
Business Summary
Key Investment Insights
1. 7-acre freehold caravan park, providing significant landholding for current operations or redevelopment opportunities.
2. Located in Millaa Millaa on the Atherton and Evelyn Tablelands, offering highland rainforest scenery and a strong regional tourism draw.
3. Cool, clean tropical climate differentiates the park from coastal competitors, appealing to visitors seeking cooler weather.
4. Close to major centres, 60 km from Innisfail and 100 km from Cairns, enhancing access to services and markets.
5. Reasonable proximity to international airports supports interstate and international tourism demand.
6. Existing accommodation product suited to nature and animal-focused experiences, with mention of an abundance of friendly animals.
7. Clear redevelopment upside to expand tourist accommodation, enabling revenue growth through increased occupancy or new product.
8. Alternative conversion potential to an Over 50s Residential Village, subject to council approval (STCA), diversifying exit or income options.
9. Stated strong local demand for both expanded tourist accommodation and Over 50s housing, supporting investment case.
10. Inspections are controlled and by prior arrangement with the broker, indicating an exclusive listing and managed sale process.
