Eildon, Victoria
Eildon lifestyle Village
$6,750,000
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 took effect from 1/7/25.
Projected Net Operating Profit (with on site management) $575,000.00
A Valuation has been commissioned by Heron Todd White Melbourne and now at hand.
Based on valuation, yield rate is 8.5%.
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. Village rebrand from The Boulevarde Caravan Park to Eildon Lifestyle Village, signalling a strategic repositioning towards lifestyle living.
2. Recent operational shift targeting more long term residents rather than annuals, implying a move to greater income stability.
3. Property area approximately 4.4 acres, providing scale for 78 sites.
4. Current occupancy 78 sites, split evenly with 39 permanent residents and 39 annuals, representing full occupancy and no vacancies.
5. New rental increases effective 1 July 2025, supporting near-term revenue uplift.
6. Projected net operating profit of $575,000 with on site management, indicating profitable operations under current management model.
7. Valuation commissioned and completed by Heron Todd White Melbourne, providing an independent market assessment.
8. Valuation-derived yield rate of 8.5%, indicating a relatively attractive capital return.
9. No land tax liability noted, improving net cashflow profile.
10. Annual rent increases are in place, contributing to predictable revenue growth.
11. Increased asset value is explicitly linked to the capitalisation rate in the valuation, suggesting upside from yield compression or rent growth.
12. Fully occupied site mix and recent rent rises reduce short-term leasing risk and support investor cashflow certainty.