Geoff Helisma |
The five holiday parks managed by Clarence Valley Council (CVC) have continued their upward revenue and profitability trend since the 2004 amalgamation – with this year’s figures showing a significant improvement at Yamba’s Calypso Holiday Park.
Calypso’s revenue was up 10.8 per cent on the previous financial year, increasing from $1,893,978 to $2,098,731.
The other big improvement was at Wooli Holiday Park, which enjoyed a 14.1 per cent revenue boost, from $282,626 to $322,496.
“Collectively, the five parks achieved an operating surplus of $2,506,059 for the year, up $194,121 on the previous year,” a report to yesterday’s CVC meeting stated.
“After capital expenditure in the parks to the value of $229,260, the parks made a net contribution to reserve of $2,257,160.”
In June, the NSW Government approved a $6.7million grant for the estimated $8.7million upgrade of Calypso Holiday Park.
Meanwhile, the “Brooms Head Holiday Park redevelopment has progressed to the Business Development Strategy and Master Plan stage”, the report to council stated.
The council is also considering options for: Brooms Head Holiday Park’s onsite sewage management system upgrade; draft concept designs for Minnie Water and Wooli Holiday park improvements; and, Minnie Water Holiday Park’s onsite sewage management system.
The report to council stated: “Clarence Coast Holiday Parks have enjoyed another successful year, with our reputation for wonderful locations growing, boosted by the shortening of the Highway in both directions.”
Clarence Valley Council acts as a Crown land manager and a separate legal entity constituted under the Crown Lands Management Act.