SeaChange Parks Lake Conjola, a 94-site holiday park on the New South Wales South Coast, has been brought to market following a series of infrastructure upgrades completed in 2024. The property, which operates under a perpetual Crown lease, is being promoted as a ready-to-operate tourism asset in a region that continues to benefit from sustained demand for regional travel accommodation.
The park underwent a six-month closure in 2024 while the current owner completed approximately AU$1 million in civil works and infrastructure improvements aimed at modernizing the site and preparing it for future growth.
Upgrades included a new sewer drainage system, expanded stormwater infrastructure, upgraded internal roads designed to better accommodate caravans and boats, a new reception area, a manager’s residence, and new boom gates.
According to Sarah Hutchins, specialist accommodation broker at ResortBrokers, the improvements position the property as an operational opportunity for buyers seeking an established tourism business.
“Opportunities like this rarely come up,” said Hutchins.
“Lake Conjola is gorgeous – it’s where the crystal-clear water of the lake meets the ocean. It’s a popular getaway for people from Sydney and Canberra, both just a three-hour drive away.
“For the incoming owner, this is very much a plug-and-play opportunity, ready to operate from day one.”
The holiday park offers a mix of powered and unpowered campsites, heritage cabins, semi-permanent accommodations, and a lake house. In addition to its current operations, the property includes undeveloped land with council approval for up to 40 additional cabins.
Plans for two-story cabins have already been prepared, providing future development potential for an incoming owner.
“It provides an excellent foundation for the new owner to step in and make their own mark on the park,” said Hutchins.
The property is also being marketed on the basis of its resilience during recent heavy rainfall events, with the park reportedly remaining flood-free while several neighboring properties experienced impacts.
“An incoming owner could continue operating the park as it is or further develop the site to increase capacity and cashflow,” said Hutchins.
“Experienced operators will immediately recognize the value and opportunity on offer here. Savvy buyers will appreciate the capital works the vendor has completed, allowing them to step in and focus on next stages. The property is also likely to appeal to builders or developers looking to diversify their portfolio with a strong cashflow business,” Hutchins explained to Commercial Real Estate.
The listing comes as regional drive tourism across New South Wales continues to recover and expand following pandemic-era travel shifts. Tourism Research Australia data reported in 2023 indicated that holiday accommodation occupancy rates across the South Coast were approaching full capacity during weekends and peak holiday periods.
The region also recorded more than 5 million overnight visitors, representing an 11.7% increase, while interstate visitation rose by 21%.
For operators and investors in the outdoor hospitality and caravan park sectors, the offering reflects a broader trend toward infrastructure reinvestment and expansion in regional tourism assets.
Parks with approved development potential and upgraded utility systems may be increasingly attractive as operators seek to accommodate growing demand for cabin accommodations and longer-stay travelers while reducing future capital expenditure requirements.