Key Investment Insights
AI generated. Confirm details with the seller.
1. Freehold investment with $84,000 net rental income and an advertised 6.6% initial return on the asking price.
2. Experienced long term lessee in place under a 30 year lease, supporting passive ownership and predictable cash flow.
3. Lessee responsible for all outgoings, reducing day to day lessor involvement and ownership administration.
4. The park comprises 49 powered sites, including lessee owned accommodation, resident owned accommodation and short term powered sites.
5. Facilities include a two bedroom owners residence, adjoining reception office, brick amenities block and bitumen driveways.
6. Occupancy is reported at consistently above 95%, with the listing also describing full park occupancy under the current operator.
7. Situated on 8,000 square metres of commercially zoned land within walking distance of Leongatha’s shopping facilities.
8. Annual rental increases of 3% are specified, providing contracted income growth under the advertised investment structure.
9. Low maintenance infrastructure and an established operating business support the property’s passive investment profile.