Budget Holiday Makers Drive Demand for Caravan Park Accommodation

BUDGET holiday makers are driving a surge in occupancy for humble caravan park accommodation – and many are staying for longer than they have in the past.

A change in the facilities offered by some caravan parks – including pools, playgrounds and tennis courts – has also contributed to the newfound buoyancy.

But so too has a lack of supply – caused by some caravan parks selling to developers, who exploit their often spectacular locations with apartments and commercial facilities.

Australian Bureau of Statistics tourism data showed occupancy levels in Queensland’s caravan parks increased substantially in the year to September 2009, the most recent figures available.

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Another Victorian Caravan Park Offered as Residential Development Site

CHEAP holiday makers will need to cross another caravan park off their wish-list, soon.

The Bella Vista Holiday Park, in Rosebud West, on the Mornington Peninsula, has been listed for sale as a residential development site.

At 15 – 33 Truemans Road, and near the north-east corner of the waterfront Point Nepean Road, the 5689 square metre block is leased to the current operators until winter 2012.

It’s for private sale asking $4 million, plus GST. The selling agent is Paul Basso of Fruit Property in Tootgarook.

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Moller’s Caravan Park, Inverloch, Sells to Developers For $6 Million

A developer is understood to have paid close to $6 million for the Moller’s Caravan Park in the coastal hamlet of Inverloch, about 145 kilometres south-east of the city.
The approximate 9,000 square metre waterfront property, with four street frontages, is speculated will be developed into a medium-density apartment project, flanked by ground floor retail, and possibly some serviced apartments.
Stockdale & Leggo Inverloch agent Judy Robertson, who marketed the site with Patrick Barry, confirmed a sale negotiation was underway, but declined to elaborate on buyer or price. The caravan park first came onto the market last year with an $8 million price tag.

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