Bucasia Beach Caravan Park, a prime one-hectare beachfront property in Mackay, Queensland, has been listed for sale at AU$3.45 million through Savills agents Kathryn Brassington, Josh Baker, and Robert Dunne. This unique opportunity offers a blend of lifestyle and investment potential for owner-operators, investors, and developers.
Nestled along the scenic shores of Bucasia Beach, the caravan park spans a picturesque 1.01 hectare and features 47 powered sites, a beachfront villa, and a two-bedroom residence. The property is designed to cater to a wide range of guests, making it a versatile investment with significant growth potential.
Kathryn Brassington from Savills highlighted the property’s appeal, describing it as more than just a real estate offering but an investment in lifestyle and opportunity, as reported by The Hotel Conversation.
“With its prime beachfront location and an array of amenities, it appeals to a wide range of buyers seeking a coastal lifestyle change or a lucrative investment,” she said, as quoted in the report.
Josh Baker emphasized the property’s versatility, noting that its accommodation options and shared facilities make it a promising investment with numerous development opportunities.
“The 47 powered sites, beachfront villa, and two-bedroom residence offer both accommodation and shared facilities, making it a versatile investment option,” he stated.
Robert Dunne added that the property’s strategic location in Mackay, a vibrant town serving as a gateway to the Whitsundays, further enhances its appeal. Bucasia Beach Caravan Park provides unparalleled access to some of Queensland’s most breathtaking destinations,” he said, highlighting its proximity to local amenities and attractions.
The caravan park’s coastal charm is complemented by its convenient location near cafes, shopping centers, and recreational activities. The property is within proximity to local IGA and the Hibiscus Shopping Centre, with major retailers Coles and Woolworths just a short drive away.
Bucasia Beach itself is celebrated for its picturesque sandy shores, popular among walkers, swimmers, and fishing enthusiasts. The park’s strong holding income projection of AU$365,000 and adjusted FY24 net profit ensure stability and attractive returns for investors and developers during the planning and approval stages.
The property previously achieved Development Approval for 37 beachfront townhouses, presenting significant future development upside, subject to council approval. This potential adds another layer of appeal for prospective buyers looking to capitalize on Mackay’s thriving economy.
Mackay is a thriving regional center with a population of over 125,000, supporting 55,000 jobs, and generating an annual economic output of nearly AU$22.3 billion.
Kathryn Brassington emphasized the investment potential of Bucasia Beach Caravan Park, citing Mackay’s strong economic fundamentals and consistent population growth.
“Investors and developers stand to benefit from the region’s consistent growth and diverse employment opportunities,” she said.
This listing represents a rare opportunity to acquire a prime piece of Queensland’s beachfront real estate with immense potential for growth and development. Prospective buyers can expect to benefit from the property’s established reputation and the region’s promising economic outlook.
For more information on the sale of Bucasia Beach Caravan Park, interested parties can contact Savills agents Kathryn Brassington, Josh Baker, and Robert Dunne.