30-40 Cureton Ave, Mildura, Victoria
Excellent Freehold Caravan Park Opportunity - With Multiple Opportunities For Growth
OFFERS ABOVE $3,800,000
Business Description
River End Holiday Park Mildura, presents a rare opportunity to acquire a high-quality caravan park being offered to the market for the first time in many years.
Mildura is one of Victoria's most vibrant regional centres, the park benefits from year round demand driven by the city's dual role as a premier Murray River tourist destination and a major agricultural and horticultural hub. This diverse economic base underpins strong and consistent demand for quality short and long term accommodation.
The modern, extensively refurbished park spans approximately 3.3 hectares (8.25 acres) and is thoughtfully configured to deliver flexibility and multiple income streams. The accommodation mix includes 46 powered caravan sites, 17 refurbished cabins, 13 permanent lifestyle residences, and a fully renovated four bedroom manager's residence. Guest amenities are equally impressive, with a swimming pool, playground, and well appointed communal kitchen and BBQ area, creating a relaxed and family friendly environment.
Significant capital investment has been undertaken in recent years, with upgrades across cabins, infrastructure, and services, alongside the installation of new accommodation and the expansion of permanent residences. Importantly, additional space and services are already in place to allow for further expansion. With the majority of major works completed, the incoming owners will be well positioned to capitalise on the remaining vacant land within the park, offering the flexibility to shape the next phase of growth and elevate the business to the next level.
River End Holiday Park offers diverse and resilient income streams, including tourist accommodation, lifestyle living and worker accommodation, with further upside available through the addition of cabins, residents and enhanced on-site services. Notably, the park is not currently utilising external booking agents or social media platforms, which presents an immediate opportunity to increase exposure, occupancy, and revenue through modern marketing channels.
The sale includes both the freehold land and the established operating business, delivering a genuine turnkey investment in one of Victoria's most appealing and tightly held regional markets, contact Tower Business Brokers today for further details.
Business Summary
Key Investment Insights
1. Freehold sale includes both land and established operating business, providing a turnkey investment.
2. Offered to market for the first time in many years, indicating rarity and potential buyer interest.
3. Located in Mildura, a vibrant regional centre with year round demand from Murray River tourism and agricultural and horticultural industries.
4. Site area approximately 3.3 hectares, providing scale and scope for operations and growth.
5. Accommodation mix: 46 powered caravan sites, 17 refurbished cabins, 13 permanent lifestyle residences, and a four bedroom manager’s residence.
6. Recent extensive capital upgrades to cabins, infrastructure and services, reducing near term capex requirements.
7. Guest amenities include a swimming pool, playground, communal kitchen and BBQ area, supporting family friendly positioning.
8. Additional space and existing services are in place to allow further expansion and new accommodation additions.
9. Diverse income streams from tourist accommodation, lifestyle living and worker accommodation, offering resilience.
10. Majority of major works completed, positioning incoming owners to focus on revenue growth rather than heavy refurbishment.
11. No use of external booking agents or social media platforms represents an immediate marketing and occupancy upside.
12. Located in a tightly held regional market, enhancing long term capital and demand characteristics.
