84 Federation, Corowa, New South Wales
Significant Price Reduction - Now is the Time to Act!
SOLD
Business Description
Freehold Going Concern caravan parks of this calibre rarely come to market, especially in such a sought-after Murray River location. With a motivated vendor ready to move on, this is an outstanding opportunity for lifestyle buyers or experienced operators looking to grow an already thriving business.
Set on approximately 12.5 acres right on the banks of the iconic Mighty Murray River, this idyllic park offers not just a peaceful riverside lifestyle, but a strong foundation for future growth.
Currently home to 47 annuals, the park generates a stable, recurring income stream, giving new owners the confidence and cash flow to reinvest and expand.
Key Features Include:
• Two amenity blocks, including a newly installed facility
• Private boat ramp access to the Murray River
• Plenty of room to expand - more sites, cabins, or even a small lifestyle village (STCA)
• Town water and sewerage
• Two on-site residences - 1 x 3-bedroom and 1 x 2-bedroom (adjoined)
• 21 tourist cabins - 10 ensuited, 11 standard, with 2 recently refurbished to great guest feedback
• Over 60 powered sites, plus extra undeveloped land at the top of the park
The flexibility of cabin configurations offers potential to better target the tourist or worker accommodation market, while the existing infrastructure supports future development.
Parks with this kind of location, scale, and upside potential don't come along often. With a significant price drop and a vendor ready to sell, now is the perfect time to secure your position on the Murray.
Business Summary
Key Investment Insights
1. Significant price reduction and motivated vendor, creating urgency for buyers.
2. Freehold going concern, offering full ownership and operational continuity.
3. Approximately 12.5 acres of riverfront land on the Murray River, high location appeal.
4. Private boat ramp, direct river access enhancing recreational attraction and guest appeal.
5. 47 annual sites, providing stable recurring income and reliable cash flow.
6. 21 tourist cabins, 10 ensuited and 11 standard, with 2 recently refurbished and receiving strong guest feedback.
7. Over 60 powered sites plus extra undeveloped land at the top of the park, enabling immediate capacity and expansion.
8. Two amenity blocks including a newly installed facility, supporting guest comfort and park standards.
9. Town water and sewerage infrastructure, reducing utility upgrade costs and compliance risk.
10. Two on-site residences, one 3-bedroom and one 2-bedroom adjoined, supporting owner/operator living or staff accommodation.
11. Clear development upside, room to add more sites, cabins or a small lifestyle village subject to council approval, and flexibility to reconfigure cabins to target tourist or worker accommodation markets.
