Premier Beachfront Resort with Diversified Accomm Income - Cowes, Phillip Island

Kaloha Resort presents a rare opportunity to acquire a premium beachfront leasehold caravan park business in the tightly held Cowes market on Phillip Island. Occupying 1.54 hectares with direct access to Lovers Walk, one of Victoria’s most sheltered bay beaches. The business combines secure, recurring income with diversified and scalable accommodation revenue streams.

The operation generates in excess of $750,000 per annum from 86 annual sites, providing a highly reliable and contracted income base. This is complemented by 31 recently refurbished motel rooms, seven beachfront villas and nine powered sites, delivering exposure to higher-yield short-stay demand and seasonal uplift.

Guest appeal is reinforced by a comprehensive amenities offering, including a tropical swimming pool, onsite restaurant and bar, children’s playground and landscaped tropical grounds, supporting strong occupancy and repeat visitation throughout the year.

The leasehold is underpinned by a long-term tenure with 23 years remaining offering security of tenure, an increasingly sought-after feature for experienced operators.

Strategically positioned within Phillip Island’s primary tourism hub, the business benefits from consistent visitation driven by the internationally recognised Penguin Parade and the island’s broader leisure appeal.

Well suited to owner-operators or established park groups, the business includes a spacious five-bedroom manager’s residence and operates under management with cleaning and grounds staff in place. Significant recent capital investment has upgraded all motel rooms with modern FF&E, while two newly constructed beachfront villas present clear upside through premium accommodation growth. Importantly, the onsite restaurant is leased to an external operator, generating passive rental income and reducing operational complexity.

Located within walking distance to Cowes town centre and set amongst established tropical gardens, Kaloha Resort represents a turnkey leasehold opportunity offering secure income, proven trading performance and ongoing value-add potential in a tightly held beachfront market.

Expressions of Interest close Thursday, 4th June 2026 at 4:00pm. Contact the exclusive agents to arrange a confidential inspection.