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 42 Permanent Residents and 35 Annuals.
New rental structure took effect on the 1/7/25. Now 42 permanents and 35 annuals.
Projected Net Operating Profit (NOP) (with on site management) $588,000.00 and rising!
Current Supporting Valuation by Heron Todd White Melbourne available.
Yield rate north of 8.7% and rising.
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. Transitioning business model from short-stay to long-term focus, increasing proportion of permanent residents for income stability.
2. Property size approximately 4.4 acres, providing substantial site capacity and scope for village amenities or optimisation.
3. 78 sites currently occupied, reported composition 42 permanent residents and 35 annuals, indicating high utilisation.
4. New rental structure implemented 1 July 2025, signalling recent revenue re-pricing and contractual reset.
5. Projected Net Operating Profit of $588,000 with on-site management, stated as increasing.
6. Yield rate quoted north of 8.7%, positioning the asset as a high-yield investment.
7. Supporting independent valuation available from Heron Todd White Melbourne, aiding investor due diligence.
8. Advertised as having no vacancies, implying immediate cashflow continuation and low re-leasing risk.
9. No land tax liability, improving net returns relative to comparable freehold parcels.
10. Annual rent increases explicitly noted, supporting recurring revenue growth.
11. Asset value expected to rise through capitalisation rate effects when income increases.
12. Previously traded as The Boulevarde Caravan Park, offering potential brand continuity or repositioning benefits.
