Montefiores, New South Wales
Under Contract: Wellington Riverside Caravan Park
$3,690,000
Business Description
Under contract with RAS360 and has been advertised with two other agencies for over two years.
Wellington Riverside Caravan Park presents an outstanding freehold going concern opportunity, combining strong current returns with exceptional future development potential. The business is currently generating an adjusted net profit of $495,529, while an approved Development Application (DA) for an additional 33 sites provides a clear pathway for significant growth.
The park currently offers a mix of 12 cabins, long-term accommodation sites and additional dwellings, including a four-person donga, two-person donga, two manufactured homes and an original residence. At the heart of the property is a recently renovated camp kitchen and amenities block, complemented by a popular communal fire pit that enhances the guest experience.
Once fully developed, the approved DA will expand the park from its current 35 sites to a total of 68 approved sites, comprising 18 short-term caravan sites, 45 long-term sites and five camping sites, substantially increasing the property's earning capacity.
Positioned on the banks of the Bell River, the park enjoys direct waterfront access, providing guests with opportunities for kayaking, fishing and relaxing in a peaceful natural setting. Demand is further strengthened by the park's established reputation for accommodating workers involved in major regional infrastructure projects.
The Wellington and Dubbo regions continue to benefit from significant investment in renewable energy and infrastructure, including the Uungula Wind Farm and Wuuluman Battery Energy Storage System, creating ongoing demand for quality accommodation. Combined with continued mining activity and regional growth, Wellington Riverside Caravan Park offers investors a rare opportunity to secure a profitable business with substantial upside in one of regional New South Wales' expanding economic corridors.
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Key Investment Insights
1. Freehold going concern under contract, providing ownership of land and business for immediate investor control.
2. Strong current profitability, reporting an adjusted net profit of $495,529.
3. Approved Development Application for 33 additional sites, expanding approved capacity from 35 to 68 sites, delivering clear, permitted growth upside.
4. Post‑development site mix defined as 18 short‑term caravan sites, 45 long‑term sites and five camping sites, signalling a diversified revenue profile.
5. Existing accommodation mix includes 12 cabins, long‑term sites and multiple dwellings (four‑person donga, two‑person donga, two manufactured homes and original residence), supporting operational flexibility.
6. Recently renovated camp kitchen and amenities block, plus a popular communal fire pit, enhance guest experience and appeal.
7. Direct waterfront location on the Bell River offers on‑site recreational pull, including kayaking and fishing, strengthening leisure demand.
8. Established reputation for housing workers on major regional infrastructure projects, creating a steady corporate/worker revenue stream.
9. Regional macro tailwinds from renewable energy and infrastructure investment, including Uungula Wind Farm and Wuuluman Battery Energy Storage System, plus ongoing mining activity, underpin sustained accommodation demand.
10. Energy rating of 4.5, indicating some energy efficiency credentials that may reduce operating costs and appeal to environmentally conscious guests.
