Lakes Entrance, Victoria

Retirement Accommodation Development opportunity.

$6,900,000

Business Description

Up to 90 sites that can have Cabins put on them for Long term retirees.
Approx 6 acres of land in a prime location, near both the beach and many Cafes, Restaurants and shops.
6 acres of an existing, well established Caravan / Cabin park ready for a huge amount of further development.
Koonwarra is the largest Cabin/Caravan park in Lakes Entrance Victoria, which is an amazing seaside, country town.
This town is a peaceful, wonderful town to live and retire in.
Situated in a prime position, this land is ready for expansion and development.
This is a unique opportunity for affordable housing. that the demand is never going away.
Permits are available now to add Manufactured Home / Cabins.
This offers potential retirees an opportunity for Low Cost Housing.
A nice cabin was recently sold here for $270,000.
Also properties next door are on the market for greater development opportunities.
Located on the Main Highway between Sydney and Melbourne, Lakes Entrance is a very popular destination.
Purchasers MUST do their own due diligence in all areas of the Park, as details are always changing with progress.
Please call Michael Keltie to discuss the park as is, and the future development potential of this park'
Call ---------- - or submit an enquiry NOW.

Business Summary

Marketing Agent
Michael Keltie
Michael Keltie

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. Prime location near beach, cafes, restaurants, and shops
2. Existing, well-established caravan/cabin park
3. Potential for further development with up to 90 sites
4. Koonwarra is the largest cabin/caravan park in Lakes Entrance
5. Lakes Entrance is a popular seaside town
6. Unique opportunity for affordable housing
7. Permits available for adding manufactured homes/cabins
8. Potential for low-cost housing for retirees
9. Recent sale of cabin for $270,000
10. Properties next door also on the market for development opportunities
11. Located on the main highway between Sydney and Melbourne
12. Purchasers must conduct their own due diligence
13. Potential for future development and growth
14. Contact Michael Keltie for more information and to discuss potential.
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