Lakes Entrance, Victoria
Huge Caravan park $2.5 million down, balance Vendors terms
$8,150,000
Business Description
To a qualified buyer, less than half the asking price can get you in - on very generous Vendors terms.
This then allows other capital to further invest in cabins with an en-suite, and increase the yearly bottom line substantially !!
At well over 6 acres, this is the largest land acquisition for sale in Lakes Entrance accommodation industry.
Your investment is very safe with the land value alone, in a prime location in the heart of Lakes Entrance.
The Vendor recently acquired another 2 acres, and plans are in the system for further sites on this extra, large parcel of land.
This is an opportunity for a section of the park to be a Retirement Housing area, which is in huge demand.
Running under FULL management. This can be a passive income if you want your time for other matters in life.
Or you can choose to manage yourself.
Currently running as a very profitable business.
A further investment of approximately 1 million could yield another $500,000 to the bottom line - under management.
Please call the Agent below to discuss.
Great further opportunity that is ready for expansion and development, a valuable asset moving forward into the future.
Keep the current business model and further develop for both low cost housing for retirees, or can be a huge site for a Manufactured Home Estate,
On the Main Highway, Lakes Entrance is between Melbourne and Sydney and is a popular stop-over for international travellers, families and retirees.
Koonwarra Family Holiday Park is the largest caravan/cabin park in the Lakes Entrance Riviera region.
Extensive information is available to interested parties and a informative inspection is welcomed to serious purchasers.
Due diligence is welcomed and all information must be substantiated before an offer is submitted.
As the park is run under management, any inspection must be pre-arranged.
For more information call Michael on - ---------- . NOW !! or " SUBMIT AN ENQUIRY "
Business Summary
Key Investment Insights
1. The business for sale is a huge caravan park in Lakes Entrance, with an asking price of $2.5 million.
2. The seller is offering generous vendor terms to a qualified buyer, allowing them to purchase the park for less than half the asking price.
3. The park is over 6 acres in size, making it the largest land acquisition available in the Lakes Entrance accommodation industry.
4. The location of the park is prime and the land value alone makes it a safe investment.
5. The seller has recently acquired an additional 2 acres of land and has plans for further development, including a retirement housing area.
6. The park is currently run under full management, offering the potential for a passive income or for the buyer to manage it themselves.
7. The business is currently profitable, but there is potential for further investment of approximately $1 million to increase the bottom line by $500,000.
8. The park is located on the main highway between Melbourne and Sydney, making it a popular stopover for international travellers, families, and retirees.
9. Koonwarra Family Holiday Park is the largest caravan/cabin park in the Lakes Entrance Riviera region.
10. Interested parties can request extensive information and arrange for a serious inspection.
11. Due diligence is welcomed and all information must be substantiated before an offer is submitted.
12. As the park is run under management, any inspection must be pre-arranged.
13. The seller can be contacted for more information or to submit an enquiry.