Holiday Park in Sought-After Bundaberg for sale by HTL Property

Specialist national brokerage firm, HTL Property, is pleased to exclusively bring to market Big 4 Cane
Village Holiday Park Bundaberg. The mixed-use park, offering 106 sites with development potential will be offered via an Expression of Interest Campaign; exclusively managed by HTL Property’s National Director, Andrew Jackson, and QLD Director, Paul Nyholt.

“We are very excited to bring one of the first mixed-use holiday park offerings to market this year. We
anticipate strong interest for this asset, not only due to its outstanding tourism and lifestyle location; but also because of the strength of investor appetite for this sector at present” advised Andrew Jackson, HTL Property’s National Director.

“Modern day holiday parks offer facilities akin to luxury resorts, and represent an asset class that offers strong underlying fundamentals driven by large landholdings in prime locations, and the love of camping by
Australian families and the nomads – both grey and digital in variety” added Paul Nyholt, HTL QLD Director.

Big 4 Cane Village Holiday Park Bundaberg is a well-presented holiday park offering 106 sites. There are currently 83 short-term sites, the majority of which are powered campsites plus a few cabins, as well as 23 sites which are occupied by a mix of long-term rentals and permanent owner-residents. The strong-performing business generated $1.28 million Gross Revenue in FYE 2023 – reflecting a healthy profit margin.

“Mixed-use holiday parks offer the best of both worlds in terms of income profile. This income is well-
diversified: whilst strong tourist occupancy rates and soaring ADRs drive the revenue, and the longer-term
rentals and permanent residents paying regular site fees provide stability and security to the business
cash flow,” said Nyholt.

Big 4 Cane Village Holiday Park Bundaberg occupies a substantial 1.80ha freehold landholding and remains largely underdeveloped, with a current weighting to serviced campsites. There exists an approval in place to reconfigure the holiday park to a 105 site manufactured home estate property; providing an incoming purchaser a prime opportunity to install homes and then sell them down to owner-occupiers, thereby generating potential development profits and also establishing a highly passive, secure and stable income profile.

“All aspects of this business – the tourist, the semi-permanent rental and the permanent residential
components – have all reflected great historical consistency. Further, there exists a healthy demand for
each segment, and this provides a range of opportunities for an incoming purchaser to focus on a specific
aspect of the business moving forward; or indeed to continue the existing operation as is” concluded HTL Property National Director, Andrew Jackson.

End.