Iluka, New South Wales
North Coast NSW Caravan Park in Tourist Hotspot, 30% ROI - 1P6172CP
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-presented and maintained Caravan Park in a prime location at the mouth of the Clarence River in Iluka.
2. Offered a new 30-year lease with continual increasing growth for the past decade.
3. Operated by present owners who will remain as freehold landlord.
4. Significant improvements to the property, including a swimming pool, camp kitchen, and more accommodation.
5. Located in a fast-growing tourist hotspot, with recent upgrades to the town's infrastructure.
6. Proximity to the newly opened tavern expected to add great benefit to the Caravan Park.
7. Only a couple of hundred meters walk to the tavern.
8. Located in a popular tourist destination for those in the know.
9. Potential for further growth and development with the new lease.
10. Underground services already in place for added convenience.
11. Ideal opportunity for an owner-operator or investor looking for a profitable business.
12. Leasehold property with a strong return on investment (30% ROI).
13. Located in a sought-after area on the North Coast of NSW.
14. Diverse range of accommodation options for guests, including a swimming pool.
15. Close proximity to Yamba, a popular tourist destination with a range of amenities and attractions.
