Eildon, Victoria
Eildon lifestyle Village
$7,000,000
Business Description
Eildon lifestyle Village, ( formerly “The Boulevarde Caravan Park”) has recently undergone a major operational change. The village now is transitioning towards more Long Term Residents than Annuals.
Set on approx. 4.4 acres, with 78 Sites currently occupied with 39 Permanent Residents and 39 Annuals.
New Rental Increases have been issued and will take effect 1//7/25.
Projected Net Operating Profit (with on site management) $575,000.00
A Valuation has been commissioned to Heron Todd White Melbourne and should be at hand by mid-June .
Based on initial discussions, yield rate will be around 8%.
Great Investment $$ No Vacancies, No Land Tax, Annual Increases in rent and Increased Asset Value also determined by Capitalisation Rate .
Business Summary
Key Investment Insights
1. Recent operational change towards more long-term residents.
2. Set on approximately 4.4 acres with 78 occupied sites.
3. 39 permanent residents and 39 annuals currently occupying the sites.
4. New rental increases to take effect on 1/7/25.
5. Projected net operating profit of $575,000 with on-site management.
6. A valuation commissioned to Heron Todd White Melbourne to be completed by mid-June.
7. Initial discussions suggest a yield rate of around 8%.
8. No vacancies, no land tax, and annual increases in rent.
9. Increased asset value determined by capitalisation rate.
10. Great investment opportunity.
