7 Tully Heads Road, Tully Heads, Queensland

Established Coastal Caravan Park – New Lease Opportunity

Leasehold $1,100,000

Business Description

Positioned in the coastal Tully region of North Queensland, Googarra Beach Caravan Park presents an outstanding opportunity to secure a brand-new lease over an established tourism and lifestyle property.

Set across approximately 6.368 acres, the park is currently operating under management and has benefited from almost $800,000 in recent capital investment. With established infrastructure, multiple income streams and further scope for growth, the opportunity will appeal to experienced park operators and buyers seeking an attractive coastal lifestyle business.

The park comprises more than 70 sites together with 13 refurbished cabins, catering to short-term holiday guests, travelling workers and longer-term residents. There are currently 14 permanent tenants in place, with individually metered services providing an established and consistent underlying income stream.

Considerable improvements have recently been completed throughout the park, including upgraded amenities designed to improve guest comfort, functionality and presentation. Additional facilities include a swimming pool, camp kitchen and on-site laundry.

The property also benefits from solar power infrastructure, assisting with operating efficiency and reducing ongoing energy costs. An on-site general store provides added convenience for guests and the surrounding community, while fuel sales offer an additional revenue stream and valuable point of difference.
The brand-new lease provides an incoming operator with the opportunity to take control of an established coastal caravan park without the larger capital commitment associated with purchasing the freehold.

With management currently in place, diverse accommodation options and clear potential to further develop occupancy, accommodation revenue, retail trade and overall park operations, Googarra Beach Caravan Park represents a flexible and compelling leasehold opportunity.

Freehold Opportunity Available: Buyers seeking ownership of both the land and business may also consider the Freehold Going Concern opportunity.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:CARAVAN PARK, C:QLD - Cairns & North

Marketing Agent

Tom Noonan

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Brand-new lease available for an established coastal caravan park in the Tully region of North Queensland, offering leasehold entry without freehold purchase commitment, with a freehold going concern option also available.
2. Property area approximately 6.368 acres, providing scale for operations and future development.
3. Nearly $800,000 of recent capital investment completed, indicating refreshed infrastructure and reduced short-term capex needs.
4. Currently operating under management, enabling a hands-off transition for an incoming operator or quick takeover by a new manager.
5. More than 70 sites plus 13 refurbished cabins, supporting diverse accommodation types for short-stay tourists, travelling workers and longer-term residents.
6. Fourteen permanent tenants with individually metred services, supplying an established and consistent underlying income stream.
7. Upgraded amenities throughout the park focused on guest comfort and presentation, enhancing marketability and occupancy potential.
8. On-site leisure and guest facilities include a swimming pool, camp kitchen and laundry, improving visitor experience and length of stay potential.
9. On-site general store and fuel sales provide retail income streams and a valuable point of difference for guests and the local community.
10. Solar power infrastructure in place, contributing to operating efficiency and lower ongoing energy costs.
11. Multiple income streams and current management structure present clear scope to grow occupancy, accommodation revenue, retail trade and overall park performance.
12. Opportunity appeals to experienced park operators and buyers seeking an attractive coastal lifestyle business with optional transition to freehold ownership.