Cobb & Co Caravan Park Charleville listed for $1.95 million

The long-established park features 59 powered sites, 25 unpowered sites and nine self-contained cabins, alongside dual camp kitchens, laundries, amenity blocks, an entertainment shed and a coffee van.

Infrastructure and park upgrades

The current owner has poured time and money into modernising and securing the park in recent years, says agent Nick Lowis.

“It really has been a labour of love for her,” he says.

“One major improvement has been the fencing of the entire site, which she undertook at considerable expense. The cabins have also been refreshed, with new mattresses and bed bases.”

Other recent work includes upgrades to much of the park’s electrical circuitry and the installation of solar-powered sensor lighting for enhanced security.

“Those sorts of upgrades aren’t sexy, but they’re important, and they cost quite a lot of money,” Lowis says.

Regional hub growth drivers

The business benefits from Charleville’s position as a gateway to western Queensland and its strategic importance as a regional centre.

The town has been growing in recent years: in 2022, the ABC established a news centre there, and this year, a government-funded program was launched to train Indigenous GPs.

Charleville has a vibrant shopping precinct and a “proper country town feel”, Lowis says.

“You have all sorts passing through town: grey nomads, backpackers, event-driven visitors and workers connected to nearby agriculture and infrastructure projects,” he says.

The town is also popular with holidaying families who are drawn in by the Charleville Bilby Experience, the Charleville Cosmos Centre and a World War II base.

“Charleville really is a focal point for the region, and it has great prospects,” Lowis says.

The park reliably records annual net profits and has experienced year-on-year growth since the pandemic receded, he adds.

“Demand for accommodation is growing, and the park has its share of repeat visitors who appreciate the location and the high standard to which it is maintained,” Lowis says.

The new owner has an opportunity to build on the park’s established reputation and repeat-customer base by expanding the accommodation offering and undertaking further upgrades, subject to council approval.

An attached two-bedroom manager’s residence is a bonus, providing convenient operational oversight while maintaining privacy.

Rather than run an expressions-of-interest campaign, the vendor has decided to offer the property at a fixed price, hoping to entice a buyer with the value proposition.

“It is a bittersweet sale for her,” Lowis says. “She has worked incredibly hard, but selling now will allow her to fund her retirement and also support her daughter in the next chapter of her journey.”