Cooma, New South Wales

Cooma Snowy Mountains Tourist Park - Freehold Investment Property

$2,500,000

Business Description

A well established business located a 1 hour drive from Canberra and the NSW Snow fields; is the Commercial Centre of Cooma in the NSW Snowy Mountains Region. Snowy Mountains Tourist Park is the only caravan park at Cooma and is situated on the main route to the Kosciusko National Park & NSW Ski Fields which ensures a strong winter trade as well as a growing summer tourist trade.

The region is experiencing ever increasing growth in year round experience tourism.

Mountain biking, trout fishing, hiking, skiing & snowboarding are just some of the region’s attractions.
Located nearby is the Cooma Golf Course, Paintball Centre, Cooma Airport and Mount Gladestone lookout which offers views over Cooma and surrounds.

Lease commenced 1/12/2015 for 10 years with 3 x 5 yr options. First option will be exercised and Reviewed Rent already at $166,500.00 p.a.
92 Sites In Total
10 Long Term Sites
52 Short Term Sites
30 Camp Sites
Cabins.
( NB: Cabins Owned by Lessor).
2 x 2 bedroom en-suited Cottage
Park Cabins with en-suites x 10
En-suite Cabin 2 berth x 2
Shearers Huts 2 Berth x5
Shearers Hut 8 berth x 1
Shearers Hut 6 Berth x 2
Shearers Hut 4 Berth x 3
Good amenities Block with children’s facilities and Laundry
Under cover BBQ area
Residences
2 Bedroom Managers Residence with Office / Kiosk under.
3 Bedroom Owners Residence

Business Summary

Marketing Agent

Ken Buckley

0412 42....

Ken Buckley

0412 42....

Caravan Park Brokers Australia

Key Investment Insights

1. Prime location: The business is located in Cooma, a popular tourist destination and the commercial center of the NSW Snowy Mountains region. It is also situated on the main route to the Kosciusko National Park and NSW Ski Fields, ensuring a strong winter trade.

2. Diverse range of attractions: The region offers a variety of attractions for tourists, including mountain biking, trout fishing, hiking, skiing, and snowboarding. This ensures a steady flow of visitors throughout the year.

3. Growing tourism industry: The region is experiencing a significant increase in year-round experience tourism, which is expected to continue to grow in the coming years.

4. Established business: The Snowy Mountains Tourist Park has been in operation for a number of years and has established a strong reputation among tourists. This provides a solid foundation for future growth and success.

5. Lease and rental income: The business comes with a lease that commenced in 2015 and has 3 x 5-year options. The current rent is already at $166,500.00 per annum, providing a steady source of income for the new owner.

6. Diverse accommodation options: The park offers a range of accommodation options, including cabins, cottages, and shearers huts, catering to different budgets and preferences.

7. Well-maintained amenities: The park has good amenities, including a children's play area and a laundry, ensuring a comfortable and enjoyable stay for guests.

8. Undercover BBQ area: The park also has an undercover BBQ area, providing a social and communal space for guests to enjoy.

9. Residences included: The sale includes two residences, a 2-bedroom manager's residence with an office/kiosk and a 3-bedroom owner's residence, providing on-site accommodation for the new owner.

10. Potential for growth: With the growing tourism industry and the park's prime location, there is potential for the business to expand and increase its revenue in the future.