435 Cureton Avenue, Mildura, Victoria

Murray River Leasehold Park with huge upside

SOLD

Business Description

25 acres with absolute river frontage on the Majestic Murray River. Located in Mildura, one of Victoria's premier tourist destinations, this wonderful Park has it's on beach and massive potential for growth. The Park currently has a whopping 180 powered sites with unlimited unpowered sites available to further grow the Park.
The current owners have been in the Park for 15 years and are ready to move on. A new lease has been negotiated with council with a generous capital works program, giving a new owner a long lease to work with. The park currently has 17 cabins that are used for tourists, but this should and will grow as part of the capital works. This Park has massive upside with the ability to grow online presence as well as utilise more of the River frontage with cabins. A unique and picturesque location in one of Victoria's premier tourist destinations should be music to all buyers ears.

Business Summary

Marketing Agent
Ricky Symes
Ricky Symes

Tower Business & Realestate

Tower Business & Realestate

Key Investment Insights

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.
Listing location

This Business is sold

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