Caravan Park Business Plan
Through the adoption of the Council Plan 2022-2032, Council resolved to progress a business plan to determine the need and viability for the upgrading of the Boddington Caravan Park.
This project will involve two stages, being a needs assessment and business case to ensure that an evidence based approach is implemented.
The Needs Analysis (Stage 1) will involve:
- Accommodation demand/supply analysis
- Consideration of the current and potential product mix to meet demand and ensure financial viability and a positive user experience
- Review and assessment of existing caravan park, noting any redevelopment requirements to ensure flexibility to “future proof” the development
- Assess current management arrangements and provide alternative management options where appropriate
- Determine opportunity for future staging of construction and development
- Provide concepts for minimising construction and servicing costs
- Consider potential to incorporate alternative uses for sites in the caravan park
- Liaison with relevant industry stakeholders
The Business Case (Stage 2) will involve:
- Caravan industry research, best case examples, locational advantages and potential issues
- Short and long-term market impacts of COVID-19 pandemic
- Current market trends and market projections
- Broad capital cost estimate of potential redevelopment – including construction and site services
- Financial modelling including projected occupancy and yield
- Estimated operational costs
- Product mix variability outcomes
- Cost benefit analysis
- High-level social and economic impact analysis
Timeline
Project commencement September 2022
Draft Needs Analysis October 2022
Draft Business Case December 2022
How can you be involved?
Specific engagement with local accommodation businesses will form a part of this project, as well as general information to be provided regularly through the Shire communication channels. If you would like to be consulted individually, please submit your details below.