agnes-water-holiday-park
Image – NRMA Holiday Parks and Resorts
  • NRMA Agnes Water Holiday Park, in Queensland, has been listed for sale
  • CBRE’s Paul Fraser and Dillon Murphy have been exclusively appointed to sell
  • The asset features a variety of accommodation options for holiday goers

NRMA Agnes Water Holiday Park, in Queensland, has been listed for sale as domestic and international investors seek out leisure assets across the Sunshine State.

CBRE’s Paul Fraser and Dillon Murphy have been exclusively appointed to sell the freehold interest in the Gladstone region property as both domestic and international investors seek to capitalise on Queensland’s long-term capital growth potential.

Operated by NRMA Parks and Resorts, the asset features a variety of accommodation options for holiday goers including caravan sites, cabins, villas, and camping sites over a total of 133 lots.

The park is situated over a substantial 35,700 sqm block and is ideally located on the beachfront at Agnes Water, the closest access point to the southern Great Barrier Reef.

CBRE Hotels’ Paul Fraser said, “This offering truly is exceptional. To have such a significant lot size on absolute beachfront in Agnes Water is unheralded. To then have this incredible parcel of real estate tenanted by one of Australia’s largest and most successful park operators leads us to believe this asset will demand widespread appeal from a national and international market.

“Agnes Water is becoming one of Queensland’s most recognised and popular tourism destinations, with tourism growth over 100% year-on-year since the onset of COVID-9 and the receipt of the Top Small Tourism Town in Queensland 2021 by the Queensland Tourism Council.”

paul-fraser-cbre
Paul Fraser is CBRE’s Queensland director of hotels investment and brokerage. Image – CBRE

The development of Agnes Water has been significant in recent years, as tourism and long-term residents continue to flock to the region and the town’s commercial and retail viability grows.

Major developments are currently underway, including a 30.6ha site comprising various commercial and retail shops and the $1m upgrade of the main road thoroughfare between Agnes Water and 1770.

CBRE Director Dillon Murphy said, “As Queensland’s most northern surfing beach and as the gateway to the Great Barrier Reef, Agnes Water will continue to attract tourists as borders reopen.

dillon-murphy-cbre
Dillon Murphy is CBRE’s director. Image – CBRE

“This, coupled with the secure long-term lease to a nationally recognised tenant, will provide a forward-thinking investor with a long-term income stream and high capital growth potential.”



You May Also Like

Australia’s return to office continues to shine as the US stagnates at 50 per cent of pre-Covid levels

The Australian office market records improved office occupancy while the United States lags behind on the return to office.

Work from home is here to stay, and Australia’s secondary offices are at a turning point

Secondary office assets face challenges with poor uptake and declining values, especially in B and C-grade properties.

Why Australia needs more industrial assets to boost productivity and growth

A new report reveals that Australia’s industrial assets handle over $1.2 trillion worth of products annually.

Sydney’s retail sector continues to improve, with one area boasting zero vacancy

Vacancy rates for Sydney’s prime retail core have dropped to 8.3%, with the one area recording vacancy rates of zero.