Woolworths proposal will include a 3200 square metre supermarket and 1500 square metres of speciality stores. The caravan park closed after Easter, and cabins are currently being removed ahead of Woolworths seizing control of the site in May.
Also in South Gippsland, the Mollers Caravan Park at Inverloch sold last year for a reported $8 million, and is expected to eventually make way for a medium or high density apartment complex.
Last year, developer Hamptons Development Group won approval to subdivide the Rondor Caravan Park at Barwon Heads into 43 residential lots.
In Portsea, developer Bourkscope is building houses on a caravan park site it bought in 2007 for $2.1 million.
While in Torquay, former Richmond Football Club president Clinton Casey, has built apartments, a resort, and subdivided what was the former Zeally Caravan Park, a site he bought for $12.5 million in 2003.