Queenslands Bucasia Beach Caravan Park for sale on one hectare for $3.45m through Savills agents Kathryn Brassington, Josh Baker and Robert Dunne.
Nestled along the pristine shores of Bucasia Beach in Mackay, Queensland, Bucasia Beach Caravan Park is for sale through Savills.
Offering a unique opportunity for owner-operators, investors, and developers alike, this coastal gem spans a picturesque 1.01 hectare beachfront parcel and boasts a plethora of features and potential for growth and development.
Kath Brassington, one of the listing agents from Savills said Bucasia Beach Caravan Park is more than just a property; it's an investment in lifestyle and opportunity.
“With its prime beachfront location and array of amenities, it appeals to a wide range of buyers seeking a coastal lifestyle change or a lucrative investment."
Josh Baker added that the property's 47 powered sites, beachfront villa, and two-bedroom residence offer both accommodation and shared facilities, making it a versatile investment option with promising development opportunities.
Robert Dunne, said the property is situated in the heart of Mackay region, a vibrant town serving as a gateway to the Whitsundays.
“Bucasia Beach Caravan Park provides unparalleled access to some of Queensland's most breathtaking destinations,” he said.
The caravan park's proximity to local amenities and attractions further enhances its appeal.
Bucasia's delightful coastal charm, coupled with its proximity to cafes, shopping centres, and recreational activities, makes it an ideal destination for both guests and investors.
Offering park views, the property is near the local IGA with the Hibiscus shopping centre about 1200 metres away. Coles and Woolworths are less than a 10-minute drive away.
Bucasia Beach itself is a picturesque sandy retreat, celebrated for its popularity among walkers, swimmers, and fishing enthusiasts alike.
The asset offers a strong holding income projection of $365,000 and adjusted FY24 net profit, ensuring stability and attractive returns for investors and developers during planning/approval stages, added the agents.
Current systems allow for a purchaser to efficiently manage the caravan park remotely, enabling seamless operations and guest satisfaction.
The property previously achieved Development Approval for 37 beachfront townhouses, presenting future development upside (STCA).
Mackay is a thriving regional centre, boasting a population of over 125,000 people, supporting 55,000 jobs, and generating an annual economic output of nearly $22.3 billion.
Ms Brassington added that with Mackay's thriving economy and projected growth, the investment potential of Bucasia Beach Caravan Park is undeniable. Mackay's strong economic fundamentals and population growth make it a prime location for investment.
“Investors and developers stand to benefit from the region's consistent growth and diverse employment opportunities.”
One hectare Queensland Beachfront Caravan Park for sale through Savills