Outdoor Hospitality News

For owners, operators, team members, and anyone else interested in camping, glamping, or the RV industry.

News for August 8, 2022

Blue Bay Caravan Park Listed for Sale at Over AU$20 Million

Advertisement

Share this article

Blue Bay Camping and Caravan Park (Australia) has been home to campers and grey nomads around the country for over 60 years. However, it is now for sale, with buyers lining up to peek at the property’s potential.

The 5,424sq m parcel spans seven residential lots with a median density zoning just one block down from the beach, according to a report.

Selling Agent Craig Fisher from Di Jones Central Coast said each of the seven lots had a land value of more than AU$2.5 million, bringing the total value to at least AU$20 million.

Buyers, however, may be willing to “pay a premium” for a property of that size with close proximity to the beach, which Fisher describes as a rare find in the region.

The caravan park is licensed for 48 powered sites and includes amenities, a playground, a camp kitchen, and a solar-heated spa and pool.

The caravan park also has a manager’s residence, a games room, and a workshop.

Fisher said it appealed to buyers looking to park money in a cashflow producing asset and developers looking to build medium-density dwellings or houses.

He said he had received 65 inquiries from potential buyers within 48 hours of listing the property.

The land was originally a tomato farm purchased by the owners about 60 years ago before being converted into a caravan park and camping ground.

In July last year, Fisher sold its “brother” park, the Toowoon Bay Van Park for AU$2,237,500.

This article originally appeared on news.com.au.

Advertisement

Share this article

Modern Campground

Modern Campground

Modern Campground is the most innovative news source in the Outdoor Hospitality industry. We provide global news coverage for RV Park and Campground owners, operators, managers, and their team members.
You Are Here
Connect on Social Media
MC Fireside Chats
Latest Outdoor Hospitality News
REV Group Announces New SVP, Chief Information Officer
North Saskatchewan River Nominated as Canadian Heritage River
Banff National Park Issues Fire Ban
Jamestown, Yorktown National Park Sites Recovering from Pandemic
White House Giving $1B to States to Address Climate Change

Stay Updated
Outdoor Hospitality News

Send this to a friend
Hi, you might find this article from Modern Campground interesting: Blue Bay Caravan Park Listed for Sale at Over AU Million! This is the link: https://moderncampground.com/australia/blue-bay-caravan-park-listed-for-sale-at-over-au20-million/