G & R Kratzmann Property Investments has received one amongst the nation’s favourite caravan parks, as query for regional Queensland leisure resources goes from strength to strength.
The freehold curiosity in NRMA Agnes Water Holiday Park, between Rockhampton and the Sunshine Fly, became as soon as purchased for $27,500,000 by the Queensland-essentially based fully mostly team, following an on-market Expressions of Hobby marketing campaign prompt by CBRE’s Paul Fraser and Dillon Murphy.
Operated by NRMA Parks and Resorts, the asset boasts a range of lodging alternatives for holiday goers alongside with caravan sites, cabins, villas and tenting sites, all over a total of 133 loads.
The park occupies a mighty 35,700sqm block ideally situated alongside absolute seashore frontage at Agnes Water, the closest access composed the southern Huge Barrier Reef.
Having been owned by family entity Australian Nationwide Homes for 13 years, the distance modified fingers with a brand fresh, triple-safe 35-year hire to NRMA Parks and Resorts.
“This marketing campaign generated a story stage of market curiosity for an asset sale, with extra than 280 enquires,” Mr Fraser mentioned.
“This signifies the trustworthy strength and broad stage of query for high quality regional lodging resources in Queensland.
“Given the most well-known logistical boundaries for folk in search of to trot in a international country, domestic trot has was the outing of alternative for a range of travellers in search of to locate their very possess yard.
“This has led to continued sturdy efficiency in the power-markets all over regional Queensland.”
Over the past two years, Agnes Water has was one amongst Queensland’s most recognised and standard tourism locations.
With tourism progress in excess of 100% year-on-year, it became as soon as a recipient of Top Itsy-bitsy Tourism City in Queensland 2021 build from the Queensland Tourism Council.
Gary and Ann Kratzmann owned the notorious Kratzmann Caravans commercial, which retailed caravans on the northside of Brisbane, earlier than promoting to Apollo RV sales four years ago.
“We’re inflamed by this acquisition; after years of being in the retail caravan park trade, it has consistently been an ambition of ours to possess a park ourselves,” Mr Kratzmann mentioned.
“I’ve privileged to be ready to salvage one amongst Australia’s most productive caravan parks, that my family will revel in for generations to come.”
CBRE’s Mr Murphy added: “This sale has highlighted the continuing strength of blue-chip tenanted resources offering investors with a ambitious long-time duration annuity of earnings.”