NSW Lower Mid-North Coast Holiday Park and Residential Village
SOLD
Business Description
HTL Property is pleased to offer for sale the freehold going concern interest in Bulahdelah Residential Village and Tourist Park, a well-established mixed-use park located on the highly desirable lower Mid-North Coast of NSW. This well-run park offers a great opportunity to secure a park asset at an entry level price point located in a prime coastal location.
Key Investment Highlights include:
- Operating 73 sites; 24 long-term sites; 34 short-term sites plus 15 campsites
- Well-maintained facilities inc. pool, amenities, BBQ areas and manager’s residence
- Under 1.5hrs to vibrant Newcastle and the famous Hunter Valley, 2.5hrs to Sydney
- Significant 2.41 ha freehold landholding
- Approx. 65% of income secured by resident-owner site fees and long-term rentals (FYE 22)
- Opportunity to drive profits and revenue by increasing cabin inventory (STCA)
- Multiple value-add opportunities to enhance park appeal and increase income
Bulahdelah Residential Village and Tourist Park provides a prime opportunity to enter the booming park sector at an affordable entry point while offering abundant scope for expansion, value-add and development.
The Freehold Going Concern is offered for sale by Expression of Interest, closing 8th March 2023.
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.
