84 Federation, Corowa, New South Wales
Opportunity to purchase Freehold Park on the Mighty Murray River
$2,300,000
Business Description
Rarely do we have Freehold Going Concern Parks come to market with the location and potential that this Park presents. Located right on the banks of the Mighty Murray River, this idyllic 12.5 acre park presents purchasers with not only the lifestyle that a Murray River town affords, but also the opportunity to build on the solid base the current Vendors have laid. This is all made easier by having 47 annuals currently in the park (with much room to add to these numbers), which gives new owners a solid fixed income base to assist in re investing in the Park.
Features of this unique opportunity include:
• New additional amenities block installed (now 2 in the park)
• Exclusive boat ramp access to the Murray River
• Room to expand & grow the business/income
• Town water & sewage
• 2 Park residences - 1 x 3 BR + 1 x 2 BR (adjoined)
The Park currently has 21 tourist cabins and units, with 10 of these being ensuited. This in itself presents an opportunity to change the cabin configurations to entice more tourists and/or workers to the Park. The Vendors have recently refurbished 2 of the enuited cabins and have amazing feedback on these in the short time they have been completed. The park also boasts over 60 powered sites plus additional land at the top of the Park that could lend itself to more sites or cabins or even a small lifestyle village (STCA).
To purchase a Park with this potential on the Murray River is an opportunity that will get a huge amount of interest and one that should not be missed, enquire with Tower Business Brokers today to receive further information.
Business Summary
Key Investment Insights
Key insights for this business for sale listing include:
1. Rare opportunity to purchase a Freehold Going Concern Park on the Mighty Murray River.
2. Prime location on the banks of the Murray River, offering a desirable lifestyle and potential for growth.
3. 12.5 acre property with 47 annuals currently in the park, providing a solid fixed income base for new owners.
4. New amenities block recently installed, with exclusive boat ramp access to the Murray River.
5. Potential for expansion and growth of the business/income, with room to add more tourist cabins and units.
6. Town water and sewage services available, providing convenience and ease of operation.
7. Two park residences included - 1 x 3 bedroom and 1 x 2 bedroom, perfect for owner accommodation or rental income.
8. 21 tourist cabins and units currently on site, with potential to reconfigure and attract more tourists and workers.
9. Over 60 powered sites available, with additional land at the top of the park that could be utilized for more sites or cabins.
10. Possibility for a small lifestyle village (subject to council approval), offering potential for additional income streams.
11. Recent refurbishment of 2 enuited cabins has received positive feedback, showcasing the potential for further improvements.
12. This opportunity is expected to generate a high level of interest, making it a not-to-be-missed opportunity for potential buyers.
