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 Gulf Region Beachfront Destination Park is located in Karumba Point, a popular coastal town in the Gulf of Carpentaria. It is the only caravan park in the area located directly on the beachfront with a nearby boat ramp, making it an ideal destination for fishing enthusiasts.
2. Strong marketing initiatives: The current owner has implemented successful marketing strategies, resulting in the park's website attracting 180,000 visits per year. The park is also actively listed on 160 other sites and has a strong presence on social media platforms, increasing its visibility and attracting more tourists.
3. High demand: The park is in high demand among tourists, with many booking two to three seasons in advance to secure their spot. This is a testament to the park's popularity and the potential for continued growth.
4. Well-established and presented: The property is well-maintained with established gardens, making it an attractive and inviting destination for tourists. The amenities and facilities are also well-maintained and cater to the needs of guests.
5. Diverse accommodation options: The park offers a range of accommodation options, including powered sites, cabins, self-contained villas, and a renovated former residence that is now available for short-term accommodation. This diversity caters to a wide range of guests and increases the potential for income.
6. Strong financial performance: The park has a strong financial performance, with a projected turnover of $1.75M for FY25. This is a testament to the park's popularity and potential for continued growth.
7. Exclusive agent: The park is being sold through an exclusive agent, Andrew Morgan, who has extensive knowledge and experience in the tourism and hospitality industry. This provides potential buyers with confidence in the accuracy and reliability of the information presented.
8. Potential for further growth: With its prime location, strong marketing initiatives, and high demand, there is potential for further growth and increased profits for the park under new ownership.
