12 Park Terrace, Millicent, South Australia

Millicent Lakeside Caravan Park & Takeaway - 1P6357

FHGC $1,500,000

Business Description

Millicent Lakeside Caravan Park & Takeaway is situated on a spacious 7.5-acre property. The park offers a tranquil lakeside setting, a major drawcard for the busy Summer season.

The property features a manager's residence with three bedrooms and one bathroom, and a modern reception area.

Positioned within easy reach of the town centre, the park caters to a diverse range of guests and accommodation preferences, comprised of:

49 powered sites (2 with ensuites)
20+ unpowered sites
4 annual sites (currently)
1 two bed apartment
10 cabins
The busy takeaway shop adds a significant revenue stream and provides convenience for guests, visitors and locals.

The property also offers generous vacant and cleared land, presenting an opportunity for accommodation expansion to further capitalize on the growing demand for caravan park stays in the region.

Millicent Lakeside Caravan Park & Takeaway presents a solid investment opportunity with strong financial performance, a range of accommodation options, and potential for further growth in a picturesque lakeside setting.

Business Summary

Other Features / Notes

A:FREEHOLD GOING CONCERN, B:CARAVAN PARK, C:SA - South

Marketing Agent

Brenton Opperman

CRE Brokers

Key Investment Insights

1. Tranquil lakeside setting is a major drawcard for the busy summer season.
2. Spacious 7.5-acre property with potential for further expansion.
3. Manager's residence with three bedrooms and one bathroom.
4. Modern reception area.
5. Convenient location within easy reach of the town centre.
6. Diverse range of guests and accommodation preferences.
7. 49 powered sites, 20+ unpowered sites, 4 annual sites, 1 two bed apartment, and 10 cabins.
8. Busy takeaway shop adds a significant revenue stream.
9. Generous vacant and cleared land presents an opportunity for accommodation expansion.
10. Strong financial performance.
11. Potential for further growth in a picturesque lakeside setting.
12. Freehold going concern.
13. Located in the SA - South region.