Khancoban, New South Wales
369CPL - Leasehold Park with all New Facilities - Strong Trade and Growth
SOLD
Business Description
- 102 site park: 51 powered sites + 13 cabins + 20 annuals
- New amenities complex completed 2017
- New camp kitchen, games room, recreation room and indoor/outdoor dining areas completed 2017
- New playground with jumping pillow and playground equipment completed 2017
- Located on the shores of Lake Khancoban - great lake views from most of park
- New 3 bedroom residence with large open living, ensuite and wrap around verandah - completed 2018
- Strong consistent trade through both summer and winter
- 98% income derived from tariffs, chain hire, annuals, etc.
- 77 kms to Thredbo - 27 kms to Cooryong
This park is only starting to reap the benefits of all new infrastructure from 2016 to 2018. New 30 year lease at settlement, rent to commence at $132,000.
Net profit: $162,050 for 2017/18
Contact John Warren from Tourism Brokers for further information or to arrange an inspection.
Property ID: 369CPL (quote when enquiring)
Location: With snow capped mountains framing lush green countryside, the charming township of Khancoban, in the Tumbarumba Region, lies at the south western edge of Kosciuszko National Park, on the Kosciuszko Alpine Way. It provides an excellent base for enjoying a wide range of nature-based activities. The town has a population of around 280 and retains its distinct Snowy Hydro character. It is the headquarters of the Murray region of the scheme, overseeing the nearby Murray 1 and 2 power stations and Khancoban Pondage.
Property Code: 2912
Business Summary
Key Investment Insights
1. The park has recently undergone significant upgrades and renovations, including a new amenities complex, camp kitchen, games room, and playground.
2. The park is situated on the shores of Lake Khancoban, offering stunning lake views to most of the park.
3. A new 3 bedroom residence with a large open living area, ensuite, and wrap-around verandah was completed in 2018.
4. The park has a strong and consistent trade throughout both summer and winter seasons.
5. The majority of income (98%) is derived from tariffs, chain hire, and annuals, providing a stable and reliable income stream.
6. The park is conveniently located, with Thredbo only 77 kms away and Cooryong only 27 kms away.
7. The park has a new 30-year lease at settlement, with rent starting at $132,000.
8. The net profit for 2017/18 was $162,050.
9. The park is managed by John Warren from Tourism Brokers, who can provide further information and arrange inspections.
10. The park is located in the charming township of Khancoban, which offers a range of nature-based activities and retains its distinct Snowy Hydro character.
