Easy-to-operate freehold Caravan Park with amazing 5 bedroom manager's residence

The True Blue Caravan Park in Northampton is an easy-to-run freehold Caravan Park situated a short 40-minute drive (50 km) north of Geraldton, and five hours drive north of Perth.

Comprising of 40 powered sites and 12 unpowered sites the park is ideally located on the northwest coastal highway, which is a key arterial road linking Perth with northern Australia.

The park has excellent reviews on Trip Advisor and has generously sized sites, which are loved by caravaners. The current owners have improved the park significantly since they purchased it in early 2021, and it now presents as a beautiful oasis after the long drive north from Perth. During winter times there is a creek flowing through the park which makes for hours of fun for children.

The manager's residence has to be seen to be believed! Set apart from the main caravan park, it comprises a large five-bedroom, two-bathroom steel frame residence equipped to a very high specification. Located on a hillside, the residence has excellent views out over the park and across Northampton. This home is ideal for families, and the wide variety of schools in Geraldton are accessible by a regular daily school bus.

We estimate the manager's residence would be worth between $425,000 to $450,000 as a stand-alone residence. Based on the $800,000 sale price, this would then price the Caravan park at around $350,000 up to $375,000 for a freehold going concern, which based on a $102,000 net profit equates to a capitalisation rate of 27% to 29%. For context, regional freehold Caravan Parks sell for capitalisation rates of around 17% to 20%.

This property would be ideally suited for first-time caravan park owners, due to its simplicity of operation and excellent residence on site. The current owners are at retirement age and are looking to sell since they are wanting to slow down and travel. With very little to do in the way of new improvements, a new owner can step straight in to reap the benefits of the current owners' hard work.

  • High-quality large five bedroom two bathroom managers residence
  • Easy 40 minute drive from major regional city
  • Ideal stopover point for travellers heading north from Perth
  • Extensive refurbishments recently undertaken
  • Caravan park only – no cabins, meaning reduced cleaning requirements
  • Excellent 5.0 Star Trip Advisor rating
  • Inspections by appointment only 
Blair Macdonald

Interested? Why not give Blair Macdonald a call on 0433 149 144 or