JLL Hotels & Hospitality Group’s experts Andrew Langsford, Chris Boyd and Gus Moors have been appointed to market one of New South Wales prime beachfront holiday parks, The Sapphire Beach Holiday Park for sale.
The Sapphire Beach Holiday Park, one of New South Wales limited absolute beachfront holiday parks, is being offered for sale by JLL Hotels & Hospitality Group’s Senior Vice President Andrew Langsford, Chris Boyd and Gus Moors.
Sprawling an impressive 3.8 hectares of prime beachfront land, Sapphire Beach Holiday Park provides direct access to the pristine Sapphire Beach, featuring 122 caravan and cabin sites, a resort-style pool, a mini-golf course, and numerous recreational amenities, this established holiday park enjoys an excellent guest reputation.
The property is offered with vacant possession of management, giving astute buyers the opportunity to drive the business through active marketing and revenue management. There is a significant opportunity to increase average rates and occupancy, resulting in enhanced profitability. Additionally, the conversion of lower-yielding caravan sites into additional cabins, subject to council approvals, or potential conversion to alternative uses like lifestyle villages, promises to unlock substantial revenue streams and further elevate the property’s overall value.
Commenting on the sale, Andrew Langsford, Senior Vice President of JLL Hotels & Hospitality Group said, "Given the property's appeal, it’s not surprising the owners have been receiving direct approaches and offers. The location combined with the further operational and development upside, make it a highly sought investment opportunity."
Sapphire Beach Holiday Park's prime location on the New South Wales coast, just north of Coffs Harbour offers residents and visitors breathtaking ocean views, direct beach access, and proximity to Coffs Harbour’s popular tourist attractions. With excellent connectivity, the property is further enhanced by its strategic location off Pacific Highway, making it easily accessible for holidaymakers.
This sale represents a remarkable opportunity to own a prime piece of beachfront real estate, with both established cash flow and value-add opportunities.
In 2024, sales of mixed-use holiday parks, which offer cabins as well as caravan sites, have already exceeded $100 million, compared to the $114 million trading volume seen in 2023. Increasing demand for nature-based, family-oriented, and sustainable travel experiences supports the continued growth and profitability of caravan parks, which emerged as resilient assets post-COVID-19 and during the current cost-of-living challenges.
Sapphire Beach Holiday Park is being offered for sale by Expressions of Interest closing Tuesday 15th October at 2 pm.