Lakes Entrance, Victoria
4 Acres Caravan/Cabin park. Opportunity for 2 acres Retirement Homes.
$6,500,000
Business Description
At well over 4 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.
Currently approx 105 sites. Many of these sites can be converted to cabins, to bring in even more revenue.
The Vendor recently acquired another 2 acres, (TOTAL OVER 6 ACRES) and plans are in the system for a further 32 sites on this extra, large parcel of land.
This is an opportunity for this section of the park, to be a Retirement Housing area, which is in huge demand.
The extra 2 acres is available for $1.5 million on Vendors terms. 10% deposit at 6% interest for 5 years. (This is very cheap Vendor finance)
Currently running as a very profitable business.
A further investment could yield another $500,000 to the bottom line, a possibility of future NET earnings of over 1 million P/A.
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.
Bank finance available to approved purchasers. We will work with you getting the deal done. !
Due diligence is welcomed and all information must be substantiated by the Purchasers in all areas 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. Prime location in the heart of Lakes Entrance, making it a desirable investment opportunity.
2. Large land acquisition of over 4 acres, with potential for further expansion.
3. Currently generating a profitable income, with potential for even higher earnings.
4. Opportunity for conversion of sites to cabins to increase revenue.
5. Additional 2 acres of land available for purchase, with potential for development into retirement housing.
6. Cheap vendor financing available for the additional 2 acres.
7. Convenient location on the main highway between Melbourne and Sydney, attracting both local and international travelers.
8. Largest caravan/cabin park in the Lakes Entrance Riviera region.
9. Extensive information available for interested parties and a pre-arranged inspection can be arranged.
10. Bank financing available for approved purchasers.
11. Due diligence welcomed and all information must be substantiated by purchasers before submitting an offer.
12. Run under management, making it a low maintenance investment.
13. Potential for future development into a manufactured home estate.
14. Opportunity for low-cost housing for retirees.
15. Experienced and willing vendor to work with purchasers in getting the deal done.
