Park sales strong in Queensland
The recent sale of several caravan parks in Queensland, worth more than $35m this year, augers well for the future of parks.
On our recent trip north, we came across several caravan parks that had new owners. These included the Island Gateway Holiday Park at Airlie Beach, Rollingstone Beach Caravan Resort, Cardwell Beachcomber Tourist Park and the Normanton Tourist Park.
Jason Smith, from Caravan Park Brokers (Qld) told Caravan World that sales of van parks in Queensland had been very strong, and he had put through $35m so far in sales since March this year, and had another $24m under contract to settle this year.
Jason is the major caravan park sales agent in Queensland and Caravan Park Brokers Australia is the only group that sells parks Australia-wide with agents in every state.
Buyers had been a mixture of families, private investors,corporates, superannuation funds and private companies.
This augers well for the future of van parks, as obviously there are people out there who have confidence in the profitability of caravan parks.
Parks Jason has sold to date in Queensland include: Australiana Village Holiday Park, Hervey Bay (Aspen Parks); The Palms Caravan Park, Hervey Bay (private buyer); Rowes Bay Caravan Park, Townsville (private buyer); Rollingstone BIG4 Holiday Park, Townsville (private buyer); Cardwell Beachcomber Motel Tourist Park (private buyer, in conjunction with another agent); Palm Tree Caravan Park, Ingham (private buyer, in conjunction with another agent); Woodlands BIG4 Holiday Park, Townsville (private buyer); Marlborough Motel Caravan Park (private buyer); Ocean View Tourist Park, Sunshine Coast (private buyer); Magnetic Gateway Holiday Park, Townsville (corporate buyer.