The Freehold Going concern interest in the Chinchilla Tourist Park in the Western Downs region of Queensland has come to market through HTL Property’s Queensland Directors, Glenn Price and Brent McCarthy.
Located within the Western Downs Region, approximately 300 kilometres West-Northwest of the Brisbane CBD and approximately 165km from Toowoomba, Chinchilla is a blue-collar influenced regional centre that is growing at an energetic rate.
The region's rise is due largely to the boom in both mining and gas business activity within close proximity to the township, as well as an increasing trend of domestic and interstate travel to the area.
It is within this setting the 105-site Chinchilla Tourist Park operates from an expansive 31,874sqm* allotment over 3 titles, providing 70 deluxe cabins and 35 powered van sites with the additional opportunity to further develop 11,720m2 of currently underutilized land.
At a glance:
HTL Property’s Queensland Directors, Glenn Price and Brent McCarthy, have been exclusively appointed to manage the Expression of Interest sale campaign for the site, which concludes Wednesday 5 August 2020 (unless sold prior).
The latter said the property was an opportunity to take over a resilient business model that enjoyed a significant proportion of income generated through repeat corporate trade, and which had only strengthened throughout the Covid-19 period.
Source: HTL Property
"With historically strong revenues, the operation forms a solid foundation for a corporate or energetic private operator to continue to grow the business off the back of the future predicted increases in both tourism and mining in the area," he said.
The Tourist Park offers ample and modern guest facilities, including a 100 seat restaurant, reception area, camp kitchens, swimming pool, modern amenities as well as tree lined streets and large park grounds.
There is also a conference facility and games room which can also be utilised as guest accommodation or a second Manager’s lodging.
The contemporary Manager’s flat, adjacent the Reception Area, offers 3 bedrooms, a lounge area and kitchen and bathrooms facilities.
Mr Price said the operation had historically run under full management.
“The Park is extremely well-appointed, the 70 deluxe air-conditioned cabins with fully equipped kitchens offer king or queen bedding options, while the 35 powered sites also offer guests water, internet and television connections," he said.
"The large land holding lends itself to an expansion of the operation, with the possibility existing to convert the holding to an over 55’s based accommodation offering under code assessable criteria."
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