Iluka, New South Wales
UNDER OFFER - North Coast NSW Caravan Park in Tourist Hotspot, 30% ROI
Leasehold $1,350,000
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-maintained and presented caravan park in a prime location at the mouth of the Clarence River in Iluka.
2. Offered with a new 30-year lease and operated by the present owners who will remain as freehold landlords.
3. Continual growth in business over the past decade.
4. Significant improvements and additions to the property, including a swimming pool, camp kitchen, and more accommodation.
5. Iluka is becoming a popular tourist destination, with recent upgrades to infrastructure and the opening of a new tavern nearby.
6. The proximity of the new tavern is expected to bring added benefits to the caravan park.
7. Located just across from Yamba, a popular tourist destination.
8. Potential for further growth and development of the business.
9. Leasehold opportunity in a highly sought-after location on the North Coast of NSW.
10. Diverse range of activities and attractions in the surrounding area, including fishing, boating, and beaches.
