With borders open and tourists well overdue for a holiday, the sale of Broome’s Tarangau Caravan Park offers a rare opportunity for investors to snap up an operating caravan park in one of regional Australia’s top tourism resort towns.
Located at 16 Millington Road, Cable Beach, the 2.4 hectare caravan park comprises 116 sites; managers and staff accommodation; and a separate two storey, three-bedroom, three bathroom, owner’s residence with a pool surrounded by tropical palms and reticulated gardens.
The property is being brought to market by Ray White Commercial WA agents Phil Zoiti and Brett Wilkins in conjunction with Ray White Broome.
Mr Zioti said the property presented a fantastic opportunity for a caravan park owner-operator or an investor.
“Caravan parks, especially in Broome, are a rare offering,” Mr Zoiti said.
“The last caravan park sold in Broome was the Broome Caravan Park in 2020 and prior to that it was the Palm Grove Holiday Resort sold by myself and Brett Wilkins way back in 2018 to RAC.
“Tarangau Caravan Park has been family owned for the past 15 years. It’s easy to run, closes from December to March and will be keenly sought after, especially given its proven and stable income stream.”
Mr Wilkins said the caravan park’s location was a major drawcard.
“It’s brilliantly positioned close to Cable Beach Resort and next to the Pearle and the Mantra Frangipani Resorts, and is close to the best beach in Australia and Broome town centre,” Mr Wilkins said.
“The offering is underpinned by the substantial 2.4 hectare land parcel and has lots of potential to develop cabins or a new resort complex.”
The property is being offered for sale vacant possession via and expressions of interest campaign closing on Thursday, August 11.