Mallacoota, Victoria
BACK IN BUSINESS, RUNNING HOT, A TOP SEASON - 1003 CPF
SOLD
Business Description
- The challenges from two summers ago are done.
- Shady Gully Caravan Park at Mallacoota returns, stronger, prettier, ready for the next 500 years.
- Still set in six acres of bush, still 91 sites, still 11 cabins, still room for growth.
And Mallacoota?
Once the favourite of the baby boomers and their kids - now being 'discovered' by the families and friends of the twenty first century.
The state of the books tells the story of a business moving forward with gusto - ready and confident.
It's excellent value on a 15.5% return in a freehold market tracking on 12%.
Looking for more? Government Grants are working for business enterprise. And the current tax write-off schedules help as well.
Our vendors tell us that four extra onsite cabins would each produce $40,000 a year in sales. Do the maths! Most of this will travel to the bottom line.
Net Profit: $413,732 for 2020/21
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1003CPF (quote when enquiring)
Location: Mallacoota is one of Gippsland's great escapes, surrounded by the magnificent wilderness of the Croajingolong National Park and set on the beautiful Mallacoota Inlet. The eastern gateway to East Gippsland, Mallacoota has a population of around 1,000 people and is nestled in Croajingolong National Park, home to pristine Victorian coastal wilderness.
Unwind at this pretty costal town, blessed with Victoria's warmest winter temperatures and cool ocean breezes in summer. A popular holiday destination over summer, residents and visitors enjoy the region's natural beauty, tranquillity and access to water. Mallacoota Inlet, the surrounding Croajingolong National Park and views to Gabo Island define the town's setting.
Recognised on the national best beaches list and mentioned in the Lonely Planet guide book, Mallacoota beaches and foreshores offer enjoyable experience opportunities for the diverse visitor interests of all ages.
Property Code: 2578
Business Summary
Key Investment Insights
1. The Shady Gully Caravan Park at Mallacoota has been renovated and is now stronger and more attractive than ever before.
2. The park is set in six acres of bush and offers 91 sites and 11 cabins, with potential for further growth.
3. Mallacoota is a popular holiday destination for families and friends of all ages, making it a desirable location for a caravan park business.
4. The business has shown strong financial performance, with a 15.5% return on investment and potential for even higher profits with the addition of four extra cabins.
5. The current government grants and tax write-off schedules can provide additional support for the business.
6. The net profit for 2020/21 was $413,732, indicating the business is moving forward with confidence.
7. The location of Mallacoota, surrounded by the Croajingolong National Park and the Mallacoota Inlet, offers a beautiful and tranquil setting for visitors.
8. Mallacoota is known for its warm winter temperatures and cool ocean breezes in summer, making it an attractive destination year-round.
9. The town has been recognized on the national best beaches list and mentioned in the Lonely Planet guide book, further increasing its appeal to visitors.
10. The property code for this business is 2578, and interested buyers can contact Annette Adams and Reg Partington from Tourism Brokers for more information or to arrange an inspection.
