Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location: The park is located on the Murray River, one of Australia's most iconic and popular tourist destinations.
2. Huge potential for growth: With 25 acres of land and 180 powered sites, the park has plenty of room for expansion and development. The new lease with a generous capital works program provides a great opportunity for a new owner to further grow the park.
3. Established business: The current owners have been running the park for 15 years, indicating a successful and stable business.
4. Diverse accommodation options: The park currently has 17 cabins for tourists, but there is potential to increase this number and offer a variety of accommodation options to attract a wider range of visitors.
5. Strong online presence: The park has the potential to increase its online presence and marketing efforts to attract more visitors and increase bookings.
6. Unique and picturesque location: The park's location on the Murray River offers a unique and picturesque setting, which is a major drawcard for tourists.
7. Long lease: The new lease negotiated with the council provides a long-term opportunity for a new owner to continue running the park.
8. High demand for tourism in the area: Mildura is known as one of Victoria's premier tourist destinations, ensuring a steady flow of visitors to the area.
9. Potential for additional revenue streams: With the large river frontage, there is potential to offer additional activities and services such as boat rentals, fishing tours, or river cruises to generate additional revenue.
10. Ideal for a variety of buyers: The park would appeal to a range of buyers, including those looking for a lifestyle change, investors, or those with experience in the tourism and hospitality industry.