Bourke, New South Wales

Invest in Your Future: Purchase the Profitable Mitchell Caravan Park in Bourke | Resort Brokers ID : LH007715

$360,000

Business Description

Looking for a well-located and spacious caravan park? Look no further than the Mitchell Caravan Park in Bourke.

Offering a long 25 years lease and comprising 40 sites, including double-sized caravan sites, a mixture of cabins, and powered/unpowered sites, it's the perfect opportunity for the astute investor. The park has shown steady growth in trading figures year-on-year (even during the pandemic) and is occupied mainly by essential workers ensuring continued trade into the future.

The owner's residence includes three bedrooms, a living room, and a separate kitchen.

Don't miss out on this fantastic opportunity to run your own business – call Chris today

- Year-on-year growth in Net profit
- Extra large caravan parking sites
- 13.2kw Solar Panel System installed
- Being sold at close to 40% yield
- 25 year remaining on lease with annual rent of just over $66,000
- Adjusted 2022 Net profit of $143,611
- Most central caravan park in Bourke
- Mixture over cabins and powered caravan sites
- Inspections are by appointment only

Date updated: 03 Dec 2023 22:00:08

Business Summary

Business Snapshot

Price: $360,000 Net Profit: $143,611

Marketing Agent

Chris Kelly

ResortBrokers

Key Investment Insights

1. Year-on-year growth in net profit
2. Extra large caravan parking sites
3. 13.2kw Solar Panel System installed
4. Being sold at close to 40% yield
5. 25 years remaining on lease with annual rent of just over $66,000
6. Adjusted 2022 net profit of $143,611
7. Most central caravan park in Bourke
8. Mixture of cabins and powered caravan sites
9. Inspections are by appointment only
10. Located in a well-located and spacious area
11. Long 25-year lease
12. Occupied mainly by essential workers ensuring continued trade into the future
13. Owner's residence includes three bedrooms, a living room, and a separate kitchen
14. Opportunity to run your own business
15. Close to 40% yield on investment
16. Annual rent of just over $66,000
17. Central location in Bourke
18. Mix of cabins and powered sites for a diverse customer base
19. Inspections are by appointment only for privacy and convenience.

ROI Estimate: 39.89%