Lakes Entrance, Victoria

Caravan Park With Great ROI. 65% Occupancy !! - Cash Cow !!

SOLD

Business Description

Information below is PRE- corona virus and tourism is opening up from June 1st.
Over a 14% return on investment, and located in the beautiful, coastal sea-side town of Lakes Entrance.
The whole park has been upgraded and re-furbished.
Stunning 2 bedroom managers residence with full air conditioning and big private back yard.
Brilliant location off the main road and in a quiet, peaceful setting for your clients on nearly 2 acres of land.
No constant road noise from the busy main road as most motels experience.
The vendors have been constantly renovating to get this park to a first class park for the regular clientele.
This park has approx 50 sites, 17 - being cabins that are fully equipped for holiday makers.
Then there is approx another 35 sites and a commercial laundry.
The amenities/toilets are fully renovated and kept very clean for visitors comfort.
The park has a great reputation from the last 12 months trade and the past visitors are coming back !!
This is one of Victoria's premier holiday destinations, Lakes Entrance is loved for its swimming beaches, waterfront cafes and fleet of colourful fishing boats.
Lakes Entrance is renowned for being very popular with families and gets tourist's all year round.
As a water-front town, Lakes Entrance is a very popular all year round holiday destination, including during winter months when the climate is often a few degrees warmer than Melbourne.
Financials available to qualified buyers to do your own due diligence.
Inspections by appointment only, and vendors have asked not to approach the management directly.
Please quote MSA 5045 - for more information. Call Michael on ---------- .

Business Summary

Marketing Agent

Michael Keltie

0400 64....

Business Brokers Network Australia

Key Investment Insights

AI generated. Confirm details with the seller.

1. Located in the popular tourist destination of Lakes Entrance, known for its beautiful beaches and waterfront cafes.
2. High return on investment, with over 14% ROI.
3. Upgraded and refurbished park, with a stunning 2-bedroom manager's residence.
4. Quiet and peaceful location, away from main road noise.
5. Approximately 50 sites, including 17 fully equipped cabins for holiday makers.
6. Great reputation and high occupancy rates, with many repeat visitors.
7. Financials available for qualified buyers to conduct due diligence.
8. Inspections by appointment only, and vendors have requested not to approach management directly.
9. Lakes Entrance is a popular destination for families and tourists year-round, including during the winter months.
10. Opportunity for potential growth and further improvements with constant renovations by current owners.
11. Commercial laundry on site.
12. Close to amenities and attractions in Lakes Entrance.
13. Strong potential for a steady and profitable income stream.
14. Opportunity for new owners to add their own personal touch and continue to grow the business.
15. Well-maintained and clean amenities/toilets for visitor comfort.