898 North Redesdale Road, Redesdale, Victoria
Beautifully presented Lakeside Holiday Park
SOLD
Business Description
Metcalfe Pool Holiday Park is situated on the banks of picturesque Lake Eppalock. Boasting breathtaking views, this beautiful leasehold park is set up for rapid growth. The Park currently doesn't have tourist cabins, however there are prime sites available for cabins to be installed, offering terrific upside and growth opportunities in this Park. Further opportunities include bookings & utilising 3rd party booking agents and social media focus, which would further drive Park awareness & income.
All capital works have been completed and park compliances up to date, the current owners have done an enormous amount of the hard work and the park is now ready for new motivated owners to come in and take the business to the next level.
More features of this wonderful park include:
- Guaranteed fixed income through 113 annual site holders
- Long 22.5 year lease with excellent rent
- Only 90 minutes from Melbourne CBD
- No risk of flooding and excellent elevated views of the lake
- In ground swimming pool, playground, BBQ facilities and private boat ramp
- A second residence could also be converted to a family bunk house to again increase income.
- Compulsory six-week park closure each year, ensuring regular breaks for the owners
- An abundance of bore & lake water to run and maintain the park
This Park presents beautifully and has everything in place for new owners. Contact Tower Business Brokers today for all enquiries, and to receive the information memorandum.
Please note inspections are by appointment only.
Business Summary
Key Investment Insights
Key insights for this business for sale listing include:
1. Prime location: The holiday park is situated on the banks of picturesque Lake Eppalock, offering breathtaking views for guests.
2. Potential for growth: The park currently does not have tourist cabins, but there are prime sites available for installation, providing opportunities for growth and increased revenue.
3. Completed capital works: All necessary capital works have been completed, making it easier for new owners to take over and focus on growing the business.
4. Established customer base: The park has 113 annual site holders, providing a guaranteed fixed income for the new owners.
5. Long lease: The park has a long 22.5 year lease with excellent rent, providing stability and security for the new owners.
6. Proximity to Melbourne: The park is only 90 minutes from Melbourne CBD, making it a convenient and popular destination for city dwellers.
7. Low risk of flooding: The park is situated on elevated land, ensuring no risk of flooding and offering excellent views of the lake.
8. Amenities and facilities: The park offers a range of amenities and facilities, including an in-ground swimming pool, playground, BBQ facilities, and a private boat ramp, making it an attractive destination for families and water enthusiasts.
9. Potential for additional income: The second residence on the property could be converted into a family bunk house, providing an additional source of income for the owners.
10. Regular breaks for owners: The park has a compulsory six-week closure each year, ensuring regular breaks for the owners and allowing them to recharge and focus on other aspects of the business.
11. Abundance of water supply: The park has access to both bore and lake water, providing a reliable and cost-effective source for maintaining the park.
12. Turnkey operation: The park is well-maintained and presents beautifully, with all necessary systems and processes in place for new owners to take over and run the business smoothly.
13. Support from