Key Investment Insights
AI generated. Confirm details with the seller.
1. Rare freehold caravan park land development opportunity in Port Douglas, one of Australia's top tourist destinations.
2. Council Town Planning approval for 110 sites, consisting of 10 cabins, 70 powered sites, and 30 unpowered bush sites.
3. Booming caravan park sector expected to continue to grow, with only 240 sites currently in Port Douglas.
4. Located on the main highway, with potential for high visibility and easy access for tourists.
5. Fully developed caravan parks of this size can fetch in excess of $5 million, with development costs estimated at $2 million.
6. Owner is retiring and offering the opportunity at a bargain basement price.
7. Recent caravan park sale in Cairns for $55 million highlights the potential for high returns on investment.
8. All Council approvals are in place, making this a ready-to-go development opportunity.
9. Prime location, just a few minutes' walk from Four Mile Beach and the renowned restaurants, bars, and boutiques of Port Douglas.
10. Potential for additional income through partnerships with local tour companies and day spas.
11. Property code: 3497.