OFF MARKET

2 Col Kitching Drive
Karumba QLD 4891

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 25150m2
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Property Details for 2 Col Kitching Dr, Karumba

Building Type
Commercial
Land Size
25150m2
Local Government
Carpentaria
Lot/Plan
65/SP166299

Last Listing description (August 2023)

Karumba Point Holiday and Tourist Park has been listed for sale, as a free hold going concern.
The North Queensland Caravan Park is Located in the Gulf of Carpentaria, with easy access from the newly renovated boat ramp you can enjoy the remarkable waters and river systems.
This property is successfully run under management with owner assistance at times.

Current owners have transformed the park in to a well run business with new amenities and increased accommodation sites since purchasing the property.
Karumba Point Tourist Park is fully fenced with mature trees shading the walk ways and caravan sites.
The park consists of the following - 100 plus sites, with a combination of powered and unpowered sites, camp sites, slab sites.
Amenities blocks have been upgraded and include disability access throughout the park.
Two well sized laundry's are positioned within the park .
4 well equipped fully self contained incredibly spacious villas for rent, with one cabin available with disabled access.
Two Camp kitchens available one unpowered the other fully powered open plan camp kitchen equipped with gas BBQ's, seating and tables, licenced bar, caf kitchen, and large TV screens.
This spacious area is ideal to enjoy the entertainment that the park offers to park guests. An example of this is ,craft afternoons, Bingo, Markets, Footy nights.
The shop is available onsite for bookings, essential groceries, clothing, local seafood, bait and ice. The shaded pool is a wonderful area to relax and close to the fully covered children's play area. The area is a bird watchers paradise and sunsets over the water are incredible.
Karumba Point Tourist Park offers the investor or owner operator the opportunity walk in and start making an income as all the hard work has been done to an exceptional standard of attention care by the current owners.

Features.
4 fully self contained Villas with ensuite
Large shady Sites, powered unpowered some with attached concrete slabs
Camp sites
1 Large fully powered open plan camp kitchen, freezer, walk-in fridges, BBQ , large tv screens, bar, tables, seating
1 Camp kitchen open plan BBQ's, sink ,Fridge
Shop
Licenced Bar
2 Large Amenities blocks
2 Large laundry's
Managers Residence
Brand new covered fish filtering and storage shed area
Large Walk-in Freezer with prep room attached to office
Shaded Pool
Shaded Children's play ground
Fully Fenced
Clean shaded surrounds.
Full equipment inventory will be provided at contract negotiations.
This property is suitable for someone looking for a lifestyle change, owner operator or investor and placed under management.
Call Treacy Nielsen 0419252722 for your inquiry on this business.

Property History for 2 Col Kitching Dr, Karumba, QLD 4891

A timeline of how this property has performed in the market
Last Sold
$1,375,000
29 May 2014
  • 24 Aug 2021
    Listed for Sale $2,498,000
  • 29 May 2014
    Sold for $1,375,000

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About Karumba 4891

The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2011 was 587 people. By 2016 the population was 522 showing a population decline of 11.1% in the area during that time. The predominant age group in Karumba is 50-59 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation. In 2011, 50% of the homes in Karumba were owner-occupied compared with 57.4% in 2016.

Karumba has 410 properties. Over the last 5 years, Houses in Karumba have seen a 4.74% increase in median value, while Units have seen a -4.36% decrease. As at 31 October 2024:

  • The median value for Houses in Karumba is $157,178 while the median value for Units is $288,166.
There are currently 7 properties listed for sale, and no properties listed for rent in Karumba on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Karumba.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.