Iluka, New South Wales
SOLD - North Coast NSW Caravan Park in Tourist Hotspot, 30% ROI
SOLD
Business Description
As the exclusive agency, CRE Brokers are proud to offer this very well presented and maintained Caravan Park. Ideally situated at the mouth of the mighty Clarence River in Iluka, across from Yamba.
As the new business owner, you will be offered a new 30 year lease of a very well presented and maintained property. The business has shown continual increasing growth for the past decade, operated by the present owners who will remain as the freehold landlord. They have improved the property significantly and added quality new infrastructure including a swimming pool, camp kitchen, more accommodation and underground services.
Once a sleepy fishing village on the opposing side of the mighty Clarence River from Yamba, Iluka is fast becoming a tourist hotspot for those in the know.
There has been significant improvements to the town's infrastructure of late including upgrades of the foreshore and the totally new tavern which only opened its doors on the 21st of September 2024. The tavern alone is expected to add great benefit to this Caravan Park, as it is only a couple of 100m walk.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:CARAVAN PARK, C:NSW - North CoastKey Investment Insights
1. Well-presented and maintained caravan park located in a popular tourist destination.
2. Offered with a new 30-year lease.
3. Continual growth in business over the past decade.
4. Current owners will remain as freehold landlords.
5. Significant improvements and new infrastructure added, including a swimming pool, camp kitchen, and more accommodation.
6. Located in the town of Iluka, which is fast becoming a popular tourist hotspot.
7. Recent upgrades to town's infrastructure, including a new tavern which is expected to benefit the caravan park.
8. Only a short walk to the new tavern.
9. Leasehold opportunity.
10. Located in the North Coast region of NSW.
