Developer buys Flinders Caravan Park

Another winter and another coastal caravan park has sold to a builder.

This time on the Mornington Peninsula, Flinders Caravan Park has traded for $6.21 million.

The property is tenanted until next June.

After that, its two hectares could be subdivided and sold down, or replaced with a medium density project like apartments or townhouses.

A commercial project could also be considered.

In recent years, residential developers have purchased caravan parks at Barwon Heads, Cowes, Portsea, Torquay and Rhyll.

Last year, Inverloch’s Mollers Caravan Park exchanged for a speculated price of more than $6m.

Kay & Burton’s Andrew Hines marketed the Flinders site.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of