84 Federation, Corowa, New South Wales
Significant Price Reduction - Now is the Time to Act!
Under Contract / Offer
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. Freehold going concern offering rare ownership opportunity on the Murray River, enhancing asset security and long‑term value.
2. Significant price reduction and a motivated vendor, creating strong purchase timing and negotiation leverage.
3. Property sits on approximately 12.5 acres directly on the banks of the Murray River, delivering high location appeal and waterfront drawcard for guests.
4. Private boat ramp access to the Murray River, a premium amenity that boosts appeal to boating and fishing markets.
5. Stable recurring income from 47 annuals, providing predictable cash flow to support operations and reinvestment.
6. 21 tourist cabins, comprising 10 ensuited and 11 standard units, with 2 recently refurbished to positive guest feedback, indicating immediate revenue and upgrade potential.
7. Over 60 powered sites plus additional undeveloped land at the top of the park, offering substantial capacity and short‑term yield enhancement opportunities.
8. Clear expansion upside, with room to add more sites, cabins, or a small lifestyle village subject to council approval, supporting medium‑term growth strategies.
9. Two amenity blocks, including a newly installed facility, improving guest experience and reducing immediate capital expenditure.
10. On‑site infrastructure includes town water and sewerage, lowering operational risk and compliance complexity.
11. Two on‑site residences, a 3‑bedroom and a 2‑bedroom adjoined, providing owner/manager accommodation or rental flexibility.