481 Wagga Road, Albury, New South Wales
Price Reduced and Inviting Offers - Currently Returning 30% + ROI
SOLD
Business Description
30+ ROI based on the 2019/20 financial year, taking in to account bushfires & Covid 19, makes this park an outstanding investment opportunity.
Located within a thriving regional City (Pop. 55,000+), close to the Hume Highway, shopping centre, restaurants, food outlets, park lands and the Murray River, the Albury All Seasons Tourist Park comes complete with;
* 20 x Park owned en-suited cabins in both 1 and 2 bedroom
* Long 25+ year lease with market rent
* Nicely presented Tourist Park, low maintenance and very easy to run
* 35KW Solar Panel system installed resulting in long term cost savings
* Suitable income to continue with managers, ideal for owner operators also
This park provides a wide range of accommodation types which generates strong tourist and fixed income as well as all the facilities expected of a modern day park. What an opportunity to buy at such a strong return in such a strong and vibrant location.
Business Summary
Key Investment Insights
1. The tourist park has a high return on investment (ROI) of over 30%, even taking into account the impact of bushfires and COVID-19 in the 2019/20 financial year.
2. The park is located in a thriving regional city with a population of over 55,000, making it a desirable location for tourists and potential buyers.
3. The park is conveniently located near major amenities such as the Hume Highway, shopping center, restaurants, and the Murray River.
4. The park has 20 en-suited cabins in both 1 and 2 bedroom configurations, providing a variety of accommodation options for guests.
5. The park has a long 25+ year lease with market rent, providing stability and potential for long-term growth.
6. The park is well-maintained and easy to run, making it an attractive investment for both owner-operators and managers.
7. The park has a 35KW solar panel system installed, resulting in long-term cost savings and potential for sustainable operations.
8. The park offers a range of facilities expected by modern-day travelers, attracting a diverse range of guests and generating strong income.
9. The opportunity to purchase at such a high return and in a vibrant location makes this a highly attractive investment opportunity.
10. The park has a suitable income level to continue with managers, providing potential for a hands-off investment or for owner-operators to take over and increase profits.
