The entrance to great opportunity

by

The entrance to great opportunity
Image Supplied - Tourism Brokers

Lakes Entrance is the gateway to one of the most captivating areas on the Australian coast.

Billed as  the Seafood Capital of Victoria, the town is not only home to many wonderful  cafes, restaurants and pubs serving up the bounty of the sea, but as Victoria’s Riviera, it is also a place of outstanding opportunities in the accommodation industry.

The Koonwarra Family Holiday Park is the largest cabin/caravan park for sale in Lakes Entrance, and the potential for further development is enormous.

Image Supplied - Tourism Brokers
Image Supplied - Tourism Brokers

Lakes Entrance is less than four hours from Melbourne, five hours from Canberra and seven and a half hours from Sydney. It is a charming seaside town that opens into one of Australia’s most spectacular coastal attractions.

Situated on 1.78 hectares of land ready for expansion and development, Koonwarra is right across the road from the foreshore of the Cunninghame Arm end of the Gippsland Lakes and the eastern end of the pristine coastline of Ninety Mile Beach.

The Cunninghame Arm Footbridge takes visitors over the water to the Lakes Entrance Surf Life Saving Club and the ocean beach, just 700 metres away.

Image Supplied - Tourism Brokers
Image Supplied - Tourism Brokers

According to Annette Adams and Reg Partington from Tourism Brokers, the park offers an extremely viable business, on a ‘land bank’ opportunity for bigger things to come.

There is a long list of opportunities including the potential for a  MHE (Manufactured Home Estate), low cost housing for retirees, an elite seaside housing development, and room for vast expansion with adjacent properties for sale.

Koonwarra is on the Princes Highway from Melbourne to Sydney, and the ideal stop-over for international travellers, families and retirees.

The freehold is on offer for $7,950,000, with the property producing a net profit: $563,533 for 2022/23 (as provided by vendor).

Image Supplied - Tourism Brokers
Image Supplied - Tourism Brokers

Reg Partington described the property as “the brightest star in Lakes Entrance, offering a brilliant business with sizeable land bank for the not too distant future.”

Koonwarra provides guests a wide range of quality accommodation options to suit all needs and budgets.

Koonwarra House is a separate holiday home on the property, and there are luxury and spa villas, two and three-bedroom, two-storey cabins, standard and budget cabins and flats. There are also powered, shady, grassy caravan and camp sites, with or without ensuites, and plenty of room for campers and big rigs.

There is also a cabin available with disabled access.

The grounds include an outdoor swimming pool, a garden and a shared kitchen. Free WiFi is provided. Some units also have kitchens with ovens and microwaves, and  there is a great children's playground.

Dolphins, seals and other abundant wildlife are major attractions at Lakes Entrance, with charter cruises taking visitors through the spectacular Gippsland Lakes

Koonwarra has many pristine, isolated, natural beaches nearby and there are many nearby scenic drives to isolated waterways, coastal hinterlands, rainforest treks and mountain views.

Related Content

Business listing details
Accommodation for sale
Latest Industry News

Luxury Dunedin Motel - Prime Investment - 26 Units
Blue-Chip Commercial Asset in Cessnock CBD - 8CI
Exceptional passive investment – prime position, turnkey asset, reliable tenants | Resort Brokers ID : INV008800
An excellent opportunity for investors to secure the only caravan park in Cooma! | Resort Brokers ID : INV008797
Price Reduced and Well Worth an Inspection!!
50-ROOM FREEHOLD RESORT WITH EVENT FACILITIES & SCOPE TO ELEVATE - 2878MF
You Cannot Beat the Location
FIRST TIMERS - ABSOLUTE BEACHFRONT GEM
Prime Surfers Paradise MR with Huge Potential
Wanaka True Lifestyle Town - 14 Unit Motel
Large Permanent MR Business in Redbank Plains
Rare HUGE nett Opportunity. High Yield. Long Tenure
Caretaking Only!!!
High Return Business Only Management Rights – No Office, No Residence, Just Pure Profit
High Return Caretaking Only Management Rights – No Letting, No Office, Pure Lifestyle & Income
OTP MR Opportunity in desirable Seven Hills
Profitable Opportunity in Spence – ID 9206
Kirra Beach Business Caretaking- Only, 3.5 × multiple, no onsite living required.