Lakes Entrance, Victoria
A SERIOUS SELF FUNDING LAND OPPORTUNITY - 1001CPF
FREEHOLD $6,900,000
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. Prime location: The business is located in Lakes Entrance, Victoria's Riviera, making it a popular stop-over for international travellers, families, and retirees.
2. Large land size: The business is situated on 1.78 hectares of land, providing ample space for expansion and development.
3. Viable business: The park is currently in operation and offers a profitable business opportunity.
4. Land bank opportunity: The business offers a "land bank" opportunity for potential future development.
5. Various development opportunities: The land can be used for various development opportunities such as an MHE, low-cost housing for retirees, elite housing development, and more.
6. Adjacent properties for sale: The potential for even greater development opportunities is available with adjacent properties also for sale.
7. Ideal stop-over location: The business is situated on the coastal road from Melbourne to Sydney, making it an ideal stop-over for travellers.
8. Strong net profit: The business has a projected net profit of $563,533 for 2022/23, as provided by the vendor.
9. Experienced brokers: The business is listed with experienced brokers, Annette Adams and Reg Partington from Tourism Brokers, who can provide further information and arrange inspections.
10. Property ID and code: The business has a unique Property ID (1001CPF) and code (4748) for easy identification when enquiring.
