1 Butler Street, Deniliquin, New South Wales
Iconic river frontage leasehold park in the heart of NSW tourism town
Offers above $4.2 million
Business Description
Tower Business Brokers are thrilled to offer this off market opportunity to potential buyers.
McLean Beach Holiday Park in Deniliquin is a well established, strong performing business that is central to tourism in the region. The Park is set on a massive 10.28 hectares and offers buyers the unique opportunity to set and forget or take advantage of the blue sky that is on offer. McLean Beach Holiday Park currently has 136 Annuals, 5 permanents, 8 cabins online and 4 currently offline and 2 glamping tents. This offers buyers the best of both worlds, with a large chunk of fixed income with the ability to leverage this to add more tourist cabins, which the park desperately needs.
The Park is set close to the heart of Deniliquin, right next door to the Deniliquin hospital, but even though it is so close to town it has maintained its idyllic bush setting overlooking the majestic Edward River. The Vendors have been busy in the Park in recent months with many renovations having been undertaken. The Park has recently performed major works to three of their amenities blocks, as well as the residence and reception area, all presenting exceptionally.
There are multiple ways in which growth can be realised at McLean Beach Holiday including the inclusion of more annual site holders (currently around 54 available sites) and more cabin sites, with river frontage sites available to put cabins on. There is also a rate increase about to be implemented which will see a significant increase in the current income derived from Annuals.
This really is an opportunity to take, what is already a really strong performing park, to the next level. The hard work is done, the mix of tourism and fixed income is there, so everything going forward is a major upside for a would be buyer.
Business Summary
Key Investment Insights
1. Well-established, strong performing business in a central location for tourism in the region.
2. Large property with potential for expansion and growth.
3. Mix of fixed income and potential for increased tourism revenue.
4. Recent renovations and improvements to amenities and facilities.
5. Located close to town, but maintains a peaceful and idyllic bush setting.
6. Multiple ways for a buyer to increase revenue, including adding more annual site holders and cabins.
7. Upcoming rate increase will result in a significant increase in income.
8. Opportunity to take the business to the next level with minimal effort.
9. Hard work has already been done, making it a turnkey investment for a potential buyer.
10. Iconic river frontage adds to the appeal and potential for increased tourism.
