Major investment planned for South West Rocks holiday park
The new owners of the South West Rocks Tourist Park say they are planning to invest millions of dollars into it in the next few years.
Sydney-based Ingenia Communities, which owns a number of similar tourist parks in areas like Coffs Harbour, Nambucca Heads, Port Macquarie and Taree, bought the caravan park business in December last yeark for $8.5 million
Ingenia Chief Executive Simon Owens told the ABC that the group has major plans for the park.
Owens stated “over the next three to five years our intention is to spend somewhat more than $15,000,000 on the park.
"Firstly upgrading and refurbishing existing tourism stock.
"Then ... adding in another 54 affordable, manufactured homes for the local market."
Owens said demographic trends in the region and across the country, make it a smart investment, adding “our business model meets two of the key challenges facing Australia today, and that's an ageing population and also a housing affordability crisis.
"That's where the manufactured home business comes in.
"Secondly with an ageing population and more people jumping in a caravan and travelling around Australia, opportunities to acquire businesses like South West Rocks are few and far between."
With some residents expressing concerns on the council's website, Kempsey Shire Council has reassured the community that only the business has been sold, not the land.
Image of South West Rocks Tourist Park courtesy of Ingenia Communities.
7th August 2104 - TOP TOURIST PARKS OF AUSTRALIA APPOINTS NEW CHIEF EXECUTIVE
6th August 2014 - CIAA RESEARCH EXPLAINS AUSTRALIA’S LOVE OF CARAVANNING AND CAMPING
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Geoff Ninnes Fong & Partners (GNFP) is a structural, aquatic and civil engineering consultancy with broad experience in the design of new municipal and institutional swimming pools, hydrotherapy…read more
Track. Engage. Retain GreeneDesk is a suite of cloud based software solutions helping health clubs, leisure centres and swim schools to effectively track progression, improve customer engagement and…read more
Hadley Australia and Series Australia Pty Ltd are the leading quality theatre chair manufacturers in the southern hemisphere. The businesses work closely with architects, interior designers and…read more
PROVEN BUSINESS CONCEPTS WITH XBODY XBody’s goal is to see you and your EMS business succeed. That is why we don’t just sell equipment, we provide know-how, expert knowledge,…read more
Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…read more
The P.A. People is a specialist integrator and contractor in sound reinforcement, audio visual systems, performance lighting and production communications. Over its almost 50 year history the company…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!