The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
EARLY BIRD ENDING THIS THURSDAY START YOUR NOMINATIONS TODAY
EARLY BIRD ENDING THIS THURSDAY URBAN LEADER AWARDS
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherMarisa WikramanayakeThu 02 Jun 22

Mon Repos Holiday Park Goes to Market

The Turtle Sands Camping and Holiday Park at Mon Repos Beach.

The Turtle Sands Camping and Holiday Park within the Mon Repos Conservation Park is being publicly listed for the first time as the Queensland holiday asset sales boom continues.

The 5.3ha beachfront caravan park neighbours the recently built $30-million Mon Repos Turtle Centre and is a freehold parcel with more than 300 m of frontage on Mon Repos Beach. 

East of Bundaberg, the park comprises beachfront cabins, camping and caravan sites for a total of 106 sites. 

There is development approval in place to increase this to 127 sites and reposition services to offer glamping sites, studio apartments, bunkhouses, a pool, playground and beachfront lounge area.

Turtle Sands was built on the site of a cable station set up in 1893 for an underseas telegraph cable to New Caledonia, linking Australia with the world.

The park is owned by a Bundaberg family with Baker O’Brien Toll Lawyers founder David Baker as the principal.

CBRE Hotels’ Hayley Manvell and Paul Fraser will manage the international EOI campaign that will close on June 30, 2022. 

Mon Repos Beach has the largest concentration of nesting marine turtles on Australia’s east coast and is home to the largest nesting population of the endangered loggerhead turtle in the South Pacific.

It also is the only region globally to have recorded four different sea turtle species nesting and hatching. 

The recently completed Mon Repos Turtle Centre neighbours the park.
▲ The recently completed Mon Repos Turtle Centre neighbours the park.

Manvell said that the Mon Repos Turtle Centre offered a key market with accommodation needs as guided tours operate between November and March, bringing in thousands of tourists to see the turtle.

“There are limited competing offerings in the region, particularly absolute-beachfront property with incredible demand for accommodation in the area,” Manvell said.

The Bundaberg region’s other attraction include national parks and the Southern Great Barrier Reef, including Lady Musgrave and Lady Elliot islands.

Corporate buyers and other investors have been flocking to caravan parks as an asset class hoping to cash in on the demand and appetite for increased Australian domestic tourism after lockdowns and increased prices for international travel.

Developers have also been eyeing them in hopes to turn them into hotel assets.

Alceon sold off caravan parks earlier this year for $42 million while the NRMA Agnes Water Caravan Park was listed in February for an expected price of more than $25 million.

HotelAustraliaReal EstateSector
AUTHOR
Marisa Wikramanayake
The Urban Developer
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Industry Stoush Looms Over Construction Code Pause

Patrick Lau
4 Min
Exclusive

New Wave of Capital Washes Over Evolving Surf Park Sector

Phil Bartsch
11 Min
North Sydney TUD Plus HERO
Exclusive

NSW Housing Fix Tips North Sydney into New Era

Vanessa Croll
7 Min
 GemLife site Currumbin Waters EDM
Exclusive

Pop-Out Apartments Power GemLife’s $450m Vertical Experiment

Clare Burnett
6 Min
Scape's Gurrowa place artist impression
Exclusive

Red Tape Blocking PBSA Housing Crisis Help, says Sector Pioneer

Leon Della Bosca
5 Min
View All >
the 8 storey, 32 apartment project, including five affordable units, would replace two single-storey homes at 7-9 Selwyn Street, Wollstonecraft.
Residential

Wollstonecraft Proposal Joins Sydney Midrise Push

Renee McKeown
Palm Beach Chippendale DA render hero
Development

Beachside Tower Pitched for Gold Coast’s Midrise Mecca

Phil Bartsch
Build-to-Rent

Local Residential Adds Nation’s Biggest BtR to Portfolio

Lindsay Saunders
The addition of the Gold Coast precinct makes the platform the largest in the Australian sector...
LATEST
the 8 storey, 32 apartment project, including five affordable units, would replace two single-storey homes at 7-9 Selwyn Street, Wollstonecraft.
Residential

Wollstonecraft Proposal Joins Sydney Midrise Push

Renee McKeown
2 Min
Palm Beach Chippendale DA render hero
Development

Beachside Tower Pitched for Gold Coast’s Midrise Mecca

Phil Bartsch
2 Min
Build-to-Rent

Local Residential Adds Nation’s Biggest BtR to Portfolio

Lindsay Saunders
2 Min
Developer Marketing EDM
Marketing

Why Developers Must Market Their Brand, Not Just Projects

Partner Content
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/mon-repos-holiday-park-goes-to-market