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AUGUST 2022
     

 


Agnes Waters caravan parkMore than 280 inquiries

Agnes Water caravan park snapped up for $27.5m after record interest

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ONE of Queensland's favourite caravan parks has been snapped up for a whopping $27.5 million as demand for the Sunshine State's leisure assets goes from strength to strength.

The freehold interest in NRMA Agnes Water Holiday Park, between Rockhampton and the Sunshine Coast, was bought by Queensland-based group G & R Kratzmann Property Investments.

This followed an on-market expressions of interest campaign which generated a record level of market interest for an asset sale, with more than 280 enquiries signifying the true strength and substantial level of demand for high-quality regional accommodation assets in Queensland.

Operated by NRMA Parks and Resorts, the asset boasts a variety of accommodation options for holidaymakers including caravan sites, cabins, villas and camping sites, across a total of 133 lots.

The substantial 35,700sqm block ideally located along absolute beach frontage at Agnes Water is the closest access point to the southern Great Barrier Reef.

Having been owned by family entity Australian National Homes for 13 years, the site changed hands with a new, triple-net 35-year lease to NRMA Parks and Resorts.

Over the past two years, Agnes Water has become one of Queensland’s most recognised and popular tourism destinations.

With tourism growth in excess of 100 percent year-on-year, it won the Top Small Tourism Town in Queensland 2021 status from the Queensland Tourism Council.

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