84 Federation Avenue, 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
1. Rare opportunity to purchase a Freehold Going Concern Park on the banks of the Mighty Murray River
2. Potential for growth and expansion of the business
3. Current owners have established a solid base with 47 annuals in the park
4. New additional amenities block installed, with potential for further improvements
5. Exclusive boat ramp access to the Murray River
6. Town water and sewage connected
7. Two park residences included - 3 bedroom and 2 bedroom
8. 21 tourist cabins and units, with potential to reconfigure for more tourists or workers
9. Recently refurbished enuited cabins with positive feedback
10. Over 60 powered sites and additional land for potential development (STCA)
11. Highly desirable location for tourists and potential for lifestyle village development
12. Strong interest expected for this unique opportunity.
