Lakes Entrance, Victoria
A SERIOUS SELF FUNDING LAND OPPORTUNITY - 1001CPF
FREEHOLD $7,950,000
Business Description
Koonwarra is the largest cabin/caravan park in Lakes Entrance – Victoria’s Riviera.
Situated on 1.78 Hectares of land ready for expansion and development.
The park in operation offers an extremely viable business, on a "land bank" opportunity for bigger things to come.
A raft of opportunities:
- A site for an MHE (Manufactured Home Estate).
- Low cost housing for retirees.
- An elite housing development.
- Even greater development opportunities with adjacent properties for sale.
On the coastal road from Melbourne to Sydney, Lakes Entrance is the ideal stop-over for international travellers, families and retirees.
Net Profit: $563,533 for 2022/23 (as provided by vendor)
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1001CPF (quote when enquiring)
Property Code: 4748
Business Summary
Key Investment Insights
1. Opportunity for expansion and development on 1.78 hectares of land
2. Largest cabin/caravan park in Lakes Entrance, a popular tourist destination
3. Potential for multiple types of development, including MHE, low cost housing, and elite housing
4. Ideal location on coastal road from Melbourne to Sydney, attracting international travelers, families, and retirees
5. Strong net profit of $563,533 for 2022/23, as provided by the vendor
6. Experienced and knowledgeable brokers available for further information and inspection arrangements.
