VIC FAR COUNTRY REGION
Caravan Park with Huge Growth Potential
$1,150,000
Business Description
An exceptional opportunity to acquire an accommodation property with plenty of potential upside in regional Victoria. Located within 20 minutes of Benalla and Wangaratta and in the heart of Ned Kelly country near Glenrowan, the property enjoys a quiet rural setting with established gardens and directly borders the Winton Wetlands, the largest wetland restoration project in the Southern Hemisphere.
There is a range of accommodation options, including 30 powered caravan sites, 4 permanent cabins, a large amenities block with modern male and female showers, toilets, and disabled access facilities, and offers a range of infrastructure, including a substantial on-site sewerage system, 225,000 litres of rainwater storage, and a licensed water extraction system with the capacity to pump 8.4 megalitres from the wetlands.
There is plenty of park-like vacant land on site to add more sites and accommodation. The property is equipped with three-phase power and has recently added 20 kW of solar panels, which significantly reduces power costs. There are also several storage and machinery buildings, gas storage tanks, and other essential services.
The main residence is a comfortable 3-bedroom Victorian-style timber home with three separate living areas, a modern kitchen, and two bathrooms. It features a veranda and deck area providing views out onto the Winton Wetlands.
There is significant demand for long-term and seasonal rentals with key industries including agriculture and tourism in nearby areas such as Glenrowan and King Valley, which are struggling to find adequate housing for workers, presenting a unique opportunity for the buyer to expand and diversify the accommodation options on-site, and this is where we see the growth at this location.
Asking $1,150,000 for the Freehold Going Concern, and inspections are to be strictly by appointment.
In the first instance, contact Brett Bowden ---------- for further information.
Business Summary
Key Investment Insights
1. Strategic regional location within 20 minutes of Benalla and Wangaratta, in Ned Kelly country near Glenrowan, offering tourism appeal.
2. Directly borders Winton Wetlands, the largest wetland restoration project in the Southern Hemisphere, enhancing environmental and visitor draw.
3. Existing accommodation mix includes 30 powered caravan sites and 4 permanent cabins, providing immediate revenue streams.
4. Large modern amenities block with male and female showers, toilets, and disabled access, supporting guest comfort and compliance.
5. Substantial on-site infrastructure including a dedicated sewerage system, 225,000 litres of rainwater storage, and licensed water extraction capability.
6. Licensed water extraction system can pump up to 8.4 megalitres from the wetlands, reducing external water reliance.
7. Significant vacant park-like land available for adding more sites and accommodation, indicating clear growth and expansion potential.
8. Utilities and cost-efficiency features include three-phase power and 20 kW of recently added solar, materially lowering power costs.
9. Ancillary assets such as multiple storage and machinery buildings and gas storage tanks support operations and maintenance.
10. On-site main residence is a 3-bedroom Victorian-style timber home with three living areas, modern kitchen, two bathrooms, and wetland views, useful for owner-operator accommodation.
11. Strong local demand for long-term and seasonal rentals from agriculture and tourism in Glenrowan and King Valley, presenting a pathway to diversify and increase occupancy and income.
12. Offered as Freehold Going Concern at $1,150,000, enabling straightforward acquisition; inspections by appointment.
