Lakes Entrance, Victoria
4 Acres Caravan/Cabin park. Opportunity for an extra 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. The business for sale is a 4-acre caravan/cabin park located in Lakes Entrance, a popular stop-over for international travelers, families, and retirees.
2. The park currently has 105 sites, with potential to convert some sites into cabins for additional revenue.
3. The owner has recently acquired an additional 2 acres of land, bringing the total land size to over 6 acres.
4. There are plans in place to develop the extra land into 32 additional sites, with the potential for further expansion in the future.
5. The extra 2 acres of land can also be used for retirement housing, which is in high demand.
6. The owner is offering the extra 2 acres for $1.5 million on vendor terms, with a 10% deposit and 6% interest for 5 years.
7. The current business is already profitable, with the potential for further investment to increase the bottom line by $500,000.
8. The location of the park on the main highway between Melbourne and Sydney makes it a popular destination for travelers.
9. The park is the largest caravan/cabin park in the Lakes Entrance Riviera region.
10. Extensive information is available for interested parties, and a thorough inspection is welcomed for serious purchasers.
11. Bank finance is available for approved purchasers, and the owner is willing to work with buyers to finalize the deal.
12. Due diligence is welcomed, and all information must be verified by the purchasers before making an offer.
13. As the park is currently run under management, any inspections must be pre-arranged.
14. For more information, interested parties can contact Michael at the provided phone number or submit an enquiry.
