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Notable holiday park in line to be sold: developers among prospective buyers

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A large, well-established holiday park near the beach has attracted plenty of attention from prospective buyers.

The Golden Beach Holiday Park at 9 Onslow Street has garnered several offers, after an initial expressions of interest campaign.

At 11,236sqm in area, it is one of the largest properties in the region.

It’s a block back from the beach and within walking distance of local shops.

It boasts dozens of powered sites, a motel, cabins and recreational areas and amenities.

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Colliers Sunshine Coast managing director Nick Dowling said the property had broad appeal.

“Naturally there has been a fair bit of interest in it, from developers and also from people who would look to continue with the park,” he said.

“There are four or five offers in play now.

“It’s too early to say we’ve got a buyer but there are definitely some offers on the table.”

No.9 Onslow Street is set one block back from the beach.

Mr Dowling said the land would be particularly attractive to developers.

“It’s a great property,” he said.

“It’s a good size. You generally don’t find this sort of site in such a built-up area.

“There’s an 18m height limit on the site, at the moment, so from a development perspective it ticks quite a few boxes.

“It’s 100m from the Pumicestone Passage and it’s only a couple of hundred metres from the Golden Beach Village.

“Plus, there’s a really laid-back lifestyle there, which I think will appeal to a lot of people.”

There is also genuine potential for a new owner to continue the long-running holiday park, which is in a popular tourist area.

There are 63 powered sites, 12 units, two cabins, a three-bedroom caretaker’s house and reception, amenities block, workshop and pool area.

“It’s a large park, with just one permanent resident in it,” Mr Dowling said.

He said the managers of the park were likely to stay on for some time.

“They’re doing a great job there and have driven the park well, and regardless of whether it’s a developer or a park owner/operator who buys it, I dare say their services will be required for at least 12 to 18 months,” he said.

The property, which has dual frontage access, currently has zoning for a mixture of tourist accommodation and community facilities.

Mr Dowling said the current owners, a Melbourne-based brother and sister, felt the time was right to sell.

“They have held it for more than 20 years, and I just think they want to move on with their lives, in different directions,” he said.

The park has dozens of powered sites, along with cabins, units and amenities.

He said there was nothing like the property in the region.

“We (Colliers) sold the Military Jetty Caravan Park years ago down the road, but it was a much smaller park in terms of land area (7721sqm),” he said.

It was sold for $5.2 million in 2018, before the property boom kicked in.

“There are not too many sites that come up, which are freehold in nature like this,” he said.

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