52-80 Lake Street, Edenhope, Victoria
Lovely little lakeside tourist park with huge upside
SOLD
Business Description
Perfect for a couple looking to enter the Caravan Park industry, this lovely lakeside tourist park offers a stable income with huge potential to grow. Set on the banks of Lake Wallace, the Park attracts water sport enthusiasts as well as workers and tourists. The Park is yet to utilise any lakeside sites with cabins, which would undoubtedly be a huge draw for the Park. Some of the features that attract people to this Park are:
- The lake has a 5.5km picturesque walking track around it, which runs straight past the Park and attracts bird and wildlife enthusiasts.
- The town jetty and boat ramp is next to the Park.
- Playground and skate park, bowling greens, swimming pool, tennis courts and parklands are walking distance from the Park.
The Vendors really have done a great job in cleaning up and presenting this Park in a great light. Guest reviews are excellent and all plant and equipment is in good working order. All that is left is for someone to come in and really start to build on the excellent work already done.
Business Summary
Key Investment Insights
1. Stable income with potential for growth: The tourist park offers a stable income, making it a reliable investment opportunity. However, the potential for growth is huge, with the opportunity to tap into the market for lakeside sites with cabins.
2. Ideal for a couple: The business is perfect for a couple looking to enter the caravan park industry, as it offers a manageable size and scope for two people to run.
3. Lakeside location: The park's location on the banks of Lake Wallace is a major draw for water sport enthusiasts, as well as tourists and workers.
4. Untapped potential for lakeside sites with cabins: The park has yet to utilize any lakeside sites with cabins, which presents a huge opportunity for growth and attracting more visitors.
5. Attractive features: The park's location near a 5.5km walking track around the lake, a town jetty and boat ramp, and various recreational facilities make it an attractive destination for visitors.
6. Well-maintained and presented: The vendors have done an excellent job of cleaning up and presenting the park, with positive guest reviews and all equipment in good working order.
7. Opportunity for further development: With the groundwork already laid, there is ample opportunity for a new owner to come in and build upon the excellent work done by the vendors.
8. Proximity to amenities: The park's proximity to amenities such as a playground, skate park, bowling greens, swimming pool, and tennis courts make it a convenient and appealing choice for visitors.
9. Potential for nature and wildlife enthusiasts: The park's location near a walking track and its proximity to bird and wildlife habitats make it an ideal destination for nature enthusiasts.
10. Positive reviews: The park has received excellent guest reviews, indicating a high level of satisfaction among visitors and potential for repeat business.
