Forbes, New South Wales

Newly renovated caravan park in Australia's Fastest Growing Region | Resort Brokers ID : FH007810

Under Contract / Offer

Business Description

Resortbrokers is excited to present this highly profitable caravan park opportunity to market. With recent major renovations, including the addition of new cabins, this well-established park has transformed into a standout property.

Situated on the northern side of Forbes, the park was minimally affected by the recent floods, positioning it advantageously compared to other properties in the area. Forbes itself is experiencing significant growth, with the district and surrounding areas, along the Newell Highway, showcasing promising development prospects. In fact, the Forbes area is expected to grow by an impressive 32% over the next 20 years.

The Forbes Caravan & Cabin Park stands apart from its competitors with 42 newly constructed cabins and 20 powered caravan sites, the park offers a diverse range of accommodation options.

Properties of this calibre tend to generate significant interest and are quickly snapped up. To secure this exceptional investment opportunity or to obtain more information, please contact Chris directly.

- Newly developed caravan site
- Net profit of $704,152
- Located in rapidly progressing district
- Newly renovated management quarters with three bedrooms and a private yard
- No capital expenditure for several years to come
- Mining, rail, subdivision and road bypass projects underway
- Staff to remain as required by the new owners
- Inspections are by appointment only

Date updated: 03 Dec 2023 22:00:09

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $704,152

Marketing Agent

Chris Kelly

ResortBrokers

Key Investment Insights

1. Newly renovated caravan park with modern facilities and amenities.
2. Located in Forbes, Australia's fastest growing region with a projected 32% growth over the next 20 years.
3. Minimal impact from recent floods, positioning the park advantageously compared to other properties in the area.
4. Diverse range of accommodation options including 42 newly constructed cabins and 20 powered caravan sites.
5. Net profit of $704,152, making it a highly profitable investment opportunity.
6. Newly renovated management quarters with three bedrooms and a private yard.
7. No capital expenditure required for several years to come.
8. Multiple development projects in the area, including mining, rail, subdivision and road bypass, which will contribute to the park's growth.
9. Existing staff willing to remain with the new owners.
10. Inspections are by appointment only, indicating high demand and interest in the property.

ROI Estimate: 16.19%