South Australia’s Streaky Bay Islands Park for Sale by HTL Property

HTL Property is delighted to present to market Streaky Bay Islands Caravan Park, a strong-
performing holiday park with substantial mixed-use infrastructure, located on the stunning Eyre Peninsula of
South Australia.

HTL Property agents, Andrew Jackson (National Director) and Nic Simarro (NSW
Director) will exclusively manage the Expression of Interest Campaign which offers the Property for sale or for lease.

Streaky Bay Islands Caravan Park is a near-new holiday park operating 135 sites; with the majority being powered campsites, and including 9 recently developed villas. The accommodation is complemented by facilities including a swimming pool, playground, golf course, camp kitchen, BBQ areas, two amenity blocks, two recreation rooms and a café with kiosk.

Further to the accommodation component, the park offers extensive infrastructure including a
desalination plant, sewage treatment system, water recycling and solar farm – all providing excellent potential for capacity expansion and income-generation.

“Despite the extensive infrastructure already developed, the majority of the site remains undeveloped. Thus offering excellent opportunities for the expansion of the existing holiday park by introducing higher yielding accommodation for which there is proven demand. Other compatible options could include introducing an event and conference facility, a manufactured housing estate or to develop the full potential of the solar farm and/or desalination plant,” said HTL Property’s Andrew Jackson.

Streaky Bay is regarded as an emerging ‘must visit’ region, attracting tourists to its pristine beaches, countless fishing spots, spectacular coastline and charming seaside towns. In particular, the region is known for its seafood and aquaculture. Streaky Bay is located on the western coast of the South Australian Eyre Peninsula, approximately 394kms from Port Augusta and 702kms from Adelaide.

“Streaky Bay is the last stop before the Nullarbor Plains and onto Perth, making this holiday park an almost obligatory stop for travellers, however Streaky Bay is also a destination in itself. Many avid fishers travel specifically to this region to catch the fish, crab, oysters and squid. In fact, the holiday park has operated at close to 100% occupancy over the three month fishing season” added Jackson.

“Streaky Bay Islands Caravan Park generated gross revenue in excess of $1,000,000 and there are ample opportunities to drive additional revenues. For example, newly installed villas are receiving significant demand lending feasibility to develop more across the substantial 22ha freehold landholding. Despite year-round demand, which averages 64% occupancy monthly, tariffs are set at a flat fee irrespective of the season; hence introducing dynamic pricing would immediately improve revenue for little to no investment,” advised HTL Property’s Nic Simarro.

“And there are so many more levers available to drive revenues for an incoming purchaser. The opportunities here are endless which is why we expect a very broad range of interest. This holiday park presents as a great opportunity for a newcomer to the industry given the asset’s still relatively small operational scale; but is also an excellent opportunity for developers of any kind as well as sophisticated investor institutions wishing to capitalise upon the rapidly emerging destination” Jackson concluded.
Streaky Bay Islands Caravan Park is being offered for sale or for lease via an Expression of Interest Sale campaign managed exclusively by HTL Property.

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