79 Slip Road, Paynesville, Victoria
Allawah Caravan Park - set on approximately 9.47 acres of Residential 1 zoned land
FHGC $7,700,000
Business Description
Allawah Caravan Park is offered for sale as a substantial freehold going concern, set on approximately 9.47 acres of Residential 1 zoned land in a highly marketable regional location.
Registered for 183 caravan park sites (tourism and permanent use), the property currently operates 144 sites plus 20 boat storage sites, delivering consistent recurring income from 79 annuals, 7 permanents and 14 lifestyle permanents. There is clear scope to increase the lifestyle permanent component and further strengthen returns.
The asset includes two residences, including a modern four-bedroom waterfront home, providing flexibility for owner occupation, management or additional income.
With scale, zoning, established cash flow and waterfront appeal, Allawah Caravan Park represents a rare opportunity to secure a sizeable landholding with an operating business and long-term upside in a tightly held sector.
• A substantial caravan park freehold and business as a going concern
• Approximately 9.47 acres of 'Residential 1' zoned land
• Two residences including a modern 4 bedroom waterfront home
• Registered for 183 Caravan Park Sites for mixed use (Tourism / Permanents)
• 144 sites and 20 boat storage sites currently in use
• Regular income from 79 x annuals, 7 x permanents & 14 x lifestyle permanents that are all paying regular fees
• Plenty of opportunity to increase the Lifestyle Permanent Tenants
For further information or to request a confidential information memorandum, contact Kevin Connolly.
Business Summary
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:CARAVAN PARK, C:VIC - GippslandKey Investment Insights
1. Freehold going concern offering an operating caravan park and landholding, enabling direct asset control and income capture.
2. Approximately 9.47 acres of Residential 1 zoned land, supporting residential-style uses and development optionality.
3. Registered for 183 caravan park sites for mixed tourism and permanent use, providing flexibility in occupancy mix.
4. Currently operating 144 caravan sites plus 20 boat storage sites, indicating substantial near-term utilisation below registration cap.
5. Established recurring income from 79 annuals, 7 permanents and 14 lifestyle permanents, demonstrating stable cashflow.
6. Clear scope to increase the lifestyle permanent component, offering an immediate pathway to strengthen returns.
7. Two on-site residences, including a modern four-bedroom waterfront home, provide owner-occupation, onsite management or rental income options.
8. Waterfront location and modern residence enhance marketability for guests and potential higher-yield permanent placements.
9. Ancillary boat storage business provides diversified revenue streams beyond site rentals.
10. Large scale and Residential 1 zoning in a regional Gippsland location position the asset for long-term upside in a tightly held sector.
11. Mixed-use registration and existing occupancy mix enable operational flexibility between tourism and permanent accommodation strategies.
