Glen Innes, New South Wales
291CPI - INVESTMENT PARK WITH SOLID RETURNS
SOLD
Business Description
As 2020 finished and you assessed the year that was, did you imagine that someone would offer you a bullet proof investment with a return of 8.6% to begin the new year? Well, here it is!
What do you get for your money?
- Good solid land holding of 10 acres
- Guaranteed $10K / month rent
- Brand new 25 year lease giving you investment security
- Great tenant who wants to invest in the park infrastructure
- The position has New England Hwy exposure on the edge of town
- Ownership of the current infrastructure including:
- 2 bedroom residence with attached shop/ reception area
- 3 cabins, concrete amenities block.
The current freehold owner is selling the freehold investment to this village with vacant land to heavily re-invest into the park infrastructure as a leaseholder. He understands the New England Region and what is needed in the local area but needs to free up capital to complete the infrastructure work.
This creates a great chance for you to invest your super or cash reserves and get a solid return on your money. Don’t hesitate and call today!
Annual Rent: $120,000 plus GST
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 291PCI (quote when enquiring)
Property Code: 3726
Business Summary
Key Investment Insights
1. The business for sale is a 10-acre investment park with a guaranteed monthly rent of $10,000 and a return of 8.6%.
2. The investment includes a brand new 25-year lease, providing long-term security for the investor.
3. The park has a prime location with exposure to the New England Highway and is on the edge of town.
4. The current infrastructure includes a 2-bedroom residence with an attached shop/reception area, 3 cabins, and a concrete amenities block.
5. The current owner is selling the freehold investment to the village and plans to heavily reinvest in the park's infrastructure as a leaseholder.
6. This presents an opportunity for investors to capitalize on the owner's knowledge of the local area and invest in a solid return.
7. The investment is suitable for individuals or businesses looking to invest their superannuation or cash reserves.
8. The annual rent for the investment is $120,000 plus GST.
9. Interested parties can contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
10. The property ID for this investment is 291PCI.