Gulf of Carpentaria accommodation asset hits the market

4 April 2023

Savills Hotels are pleased to offer for sale the Gone Fishin’ Holiday Units, positioned on the Gulf of Carpentaria.

Located at 1-3 Ward, Karumba, the asset comprises of 11 well-appointed, air-conditioned & self- contained units positioned on a 1,201sq m* corner site, directly opposite the renowned Sunset Tavern and Ash’s Café.

The asset is for sale through Jason O’Meara, Leon Alaban, and Taylor Morris, who are of the view that the region provides an excellent investment opportunity for those seeking a lifestyle change or an investment opportunity.

Karumba, affectionately known as the outback by the sea, is located on the banks of the Norman River, approximately 2,154 km north-west of Brisbane, 69 km north from Normanton and 452 km north of Cloncurry.

Karumba is considered the portal to the Gulf’s million-dollar fishing industry, forming part of the Carpentaria Shire. Much of the Shire’s commercial activity comes through Karumba, which has an active port based around the export of zinc, lead and live cattle. Karumba acts as a transhipment port for Mornington Island, other Gulf communities and the Port of Weipa for the majority of the year, with semi-trailers transporting goods north to the town for transhipment.

In recent years the town has developed in two sections, with the port / main town centre and the tourist centre, where the Gone Fishin’ Holiday Units are located.

Leon Alaban, National Director – Hotels QLD Savills Australia said, “Karumba has the only bitumen-sealed access in Queensland to The Gulf of Carpentaria, making it a magnet for anglers, tourists, birdwatchers & adventure-seekers.”

The asset offers various accommodation configurations catering for a range of party sizes and guest facilities comprise of laundry facilities, a fish cleaning area, and ample parking for cars, boats and trailers.

Taylor Morris, Sales Executive – Hotels QLD Savills Australia said, “Approximately 100,000 tourists and semi-permanent residents visit Karumba during the winter months from April to October each year. The successful purchaser has the opportunity to increase the asset’s revenue with a room- rate review.”

Jason O’Meara, Director – Hotels QLD Savills Australia said, “Currently operated under management, an owner has the opportunity to capitalise on the 9-month tourist season and take the summer months off”.

The Freehold Going Concern of Gone Fishin’ Holiday Units are offered for sale through Savills Australia via an Expressions of Interest process closing on Thursday the 18th of May 2023 at 4:00pm.