Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. Located on the highly desirable lower Mid-North Coast of NSW, providing a prime coastal location.
2. Well-established mixed-use park with 73 sites, including 24 long-term sites, 34 short-term sites, and 15 campsites.
3. Well-maintained facilities, including a pool, amenities, BBQ areas, and manager's residence.
4. Close proximity to vibrant Newcastle, the famous Hunter Valley, and Sydney.
5. Significant 2.41 ha freehold landholding.
6. Approximately 65% of income secured by resident-owner site fees and long-term rentals (FYE 22).
7. Opportunity to increase profits and revenue by expanding cabin inventory (STCA).
8. Multiple value-add opportunities to enhance park appeal and increase income.
9. Affordable entry point into the booming park sector.
10. Offered for sale by Expression of Interest, closing 8th March 2023.