Back to previous step
Close
This is a rare opportunity for a saavy investor or developer to capitalise on the significant growth & future development potential of this 6.52 acre freehold property - with a lucrative, established, fully-operational & well-known business!
Located just minutes (1.5km) from Atherton's town centre on the outskirts of the CBD, this property is perfectly positioned for growth or expansion, in the heart of the increasingly popular Atherton Tablelands region!
This 2.60ha / 6.52 acre landholding is offered for sale as a freehold property, with all of the buildings (most recently renovated), improvements & everything required to run the short-term accommodation business included!
The park offers a diverse range of air-conditioned holiday cabins, powered sites, unpowered sites & budget accommodation, as well as a large reception, three bedroom manager's residence, in-ground swimming pool & kids playground. The park also includes male & female guest amenities, a disability accessible toilet & shower, two separate onsite laundries (coin & card operated, one with an additional separate bathroom), two BBQ areas, fire pit & picnic tables, a mower shed and a large storage shed.
The current owners previously utilised the park predominantly for PALM Scheme worker's accommodation (80+ beds), with constant demand for more beds. Over the past 12 months, the owners have renovated & refurbished the accommodation units and converted the park back to focus on the short-term accommodation use.
The owners have now significantly improved the operational side of the business, increased profits and currently have multiple fixed short-term accommodation agreements to contract companies such as Road Tec (providing a secure & consistent income stream and cashflow, with increasingly positive forward projections).
There is a great opportunity for new owners to promote and enhance the tourist accommodation business to improve returns by further developing the site by increasing the number of cabins.
The site also lends itself to other future development options that could include a motel, retirement village, seniors accommodation, aged care facility, affordable housing or residential subdivision (*STCA).
The park currently offers short-term cabin accommodation options ranging from $130 - $220 per night (with different cabin configurations offered). Caravan/motorhome sites are offered from $40 per night (2 people) and unpowered sites are $35 per night.
There is also an existing development approval in place to create accommodation for a further 124 workers across two stages.
There is significant demand for workforce accommodation in the region, particularly under the PALM Scheme & Harvest Trail initiatives. Workers accommodation weekly rates in the area are currently $160-200 per worker/bed per week.
Key features include:
• 2.60ha / 6.52 acres
• 23 air-conditioned cabins/villas (mostly recently renovated & refurbished)
• 40 powered sites (32 slabs, 8 grass)
• 12 unpowered sites
• Guest amenities with two separate onsite laundries with both coin and card-operated machines
• Inground saltwater pool
• Kids' playground
• Modern, renovated 3 bedroom manager's residence
• Large air-conditioned, renovated reception area & storage rooms
• Large shed for storage & equipment
• Sealed roads access throughout the park
• Established tropical landscaping & picturesque views
• Zoned low-density residential
• Cabins were previously used to house 80+ farm workers with constant demand for more beds
• Planning Approval to accommodate an additional 124 workers
• 13 rooms/cabins are currently rented to Road Tec on a fixed contract basis
For further information please contact Katrina Kazim from Explore Property on 0400710639.
This is a rare opportunity for a saavy investor or developer to capitalise on the significant growth & future development potential of this 6.52 acre freehold property - with a lucrative, established, fully-operational & well-known business!
Located just minutes (1.5km) from Atherton's town centre on the outskirts of the CBD, this property is perfectly positioned for growth or expansion, in the heart of the increasingly popular Atherton Tablelands region!
This 2.60ha / 6.52 acre landholding is offered for sale as a freehold property, with all of the buildings (most recently renovated), improvements & everything required to run the short-term accommodation business included!
The park offers a diverse range of air-conditioned holiday cabins, powered sites, unpowered sites & budget accommodation, as well as a large reception, three bedroom manager's residence, in-ground swimming pool & kids playground. The park also includes male & female guest amenities, a disability accessible toilet & shower, two separate onsite laundries (coin & card operated, one with an additional separate bathroom), two BBQ areas, fire pit & picnic tables, a mower shed and a large storage shed.
The current owners previously utilised the park predominantly for PALM Scheme worker's accommodation (80+ beds), with constant demand for more beds. Over the past 12 months, the owners have renovated & refurbished the accommodation units and converted the park back to focus on the short-term accommodation use.
The owners have now significantly improved the operational side of the business, increased profits and currently have multiple fixed short-term accommodation agreements to contract companies such as Road Tec (providing a secure & consistent income stream and cashflow, with increasingly positive forward projections).
There is a great opportunity for new owners to promote and enhance the tourist accommodation business to improve returns by further developing the site by increasing the number of cabins.
The site also lends itself to other future development options that could include a motel, retirement village, seniors accommodation, aged care facility, affordable housing or residential subdivision (*STCA).
The park currently offers short-term cabin accommodation options ranging from $130 - $220 per night (with different cabin configurations offered). Caravan/motorhome sites are offered from $40 per night (2 people) and unpowered sites are $35 per night.
There is also an existing development approval in place to create accommodation for a further 124 workers across two stages.
There is significant demand for workforce accommodation in the region, particularly under the PALM Scheme & Harvest Trail initiatives. Workers accommodation weekly rates in the area are currently $160-200 per worker/bed per week.
Key features include:
• 2.60ha / 6.52 acres
• 23 air-conditioned cabins/villas (mostly recently renovated & refurbished)
• 40 powered sites (32 slabs, 8 grass)
• 12 unpowered sites
• Guest amenities with two separate onsite laundries with both coin and card-operated machines
• Inground saltwater pool
• Kids' playground
• Modern, renovated 3 bedroom manager's residence
• Large air-conditioned, renovated reception area & storage rooms
• Large shed for storage & equipment
• Sealed roads access throughout the park
• Established tropical landscaping & picturesque views
• Zoned low-density residential
• Cabins were previously used to house 80+ farm workers with constant demand for more beds
• Planning Approval to accommodate an additional 124 workers
• 13 rooms/cabins are currently rented to Road Tec on a fixed contract basis
For further information please contact Katrina Kazim from Explore Property on 0400710639.
