INGENIA Communities has bought the BIG4 Bonny Hills Holiday Park on
NSW's mid-north coast for $13.5 million.
Located on 3.4 hectares, the Rainbow Beach park is close to popular
tourist attractions.
Ingenia Communities chief executive Simon Owen said it represented "a well
capitalised tourist park" offering a range of accommodation catering
largely to the family holiday market.
"This is an excellent addition to our NSW mid-north coast cluster,
extending the presence of our Lifestyle Holidays brand and broader
accommodation offering," he added.
BIG4 Bonny Hills provides a range of facilities including a water park,
two swimming pools, jumping cushion, mini golf, camp kitchen, games room
and BBQ huts.
Accommodation comprises 50 cabins, 51 caravan and camping sites and two
annual sites.
Mr Owen described the NSW mid-north coast as a "key" cluster for Ingenia.
"The area is a popular holiday and tourist destination where we already
have a number of well performing communities," he said.
"We are excited by the opportunity to further extend our presence in this
market and see potential to continue to enhance the performance of the
community."
