Queensland
Gulf Region Beachfront Destination Park
Freehold $6,500,000 + SAV
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.
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. Prime location: The park is located in a popular tourist destination in the Gulf of Carpentaria, making it an ideal location for a beachfront destination park.
2. Fishing mecca: The area is known for its excellent fishing opportunities, making it a popular destination for tourists.
3. Only park with beachfront access and boat ramp: The park is the only one in the area that offers direct access to the beach and a nearby boat ramp, making it a unique and desirable destination for tourists.
4. Strong marketing initiatives: The current owner has implemented successful marketing strategies, resulting in a high number of website visits and bookings.
5. Well-established gardens: The property is well-maintained with attractive and established gardens, creating a pleasant and welcoming atmosphere for guests.
6. Variety of accommodation options: The park offers a range of accommodation options, including powered sites, cabins, villas, and a renovated former residence available for short-term rental.
7. Amenities and facilities: The park offers a range of amenities and facilities, including two amenities buildings, a camp kitchen, BBQ areas, an inground pool, and a shop and reception area.
8. Strong financials: The park has a strong financial history, with a projected increase in turnover for the current financial year.
9. Exclusive agent: The sale of the park is being handled by an exclusive agent, adding a level of professionalism and expertise to the process.
10. Potential for growth: With its prime location and strong financials, there is potential for the park to continue to grow and increase its profits in the future.