Katherine, Northern Territory
This is your chance to secure a rare Passive Investment of this boutique, multi-income stream caravan park with a long term 27 year lease in place and showing a 9% return.
The park consisting of 8 well-appointed cabins and a 2 bedroom donga, each fully fitted with cooking facilities, an ensuite and flat screen TV’s. There is also immaculately presented ablution blocks, fully fitted with a modern laundry, swimming pool and shaded BBQ area. 39 powered sites (four drive through) and each surrounded by grass.
The manager’s accommodation is a comfortable two bedroom residence. Quality tenants have been operating the business for the last 3 years and there is 7 years remaining on the initial term to 2028 with 4 x 5 year options.
It is rare that we are presented with a passive investment opportunity showing 9% return in this must stop over destination. Be quick to secure this rare gem.
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