Quicks Road, Tocumwal, New South Wales
Fixed income park on Murray River with options galore
Offers above $3.25M
Business Description
Tower Business Brokers are excited to be the exclusive agents for this hidden gem sitting on the banks of the Mighty Murray River.
Located in picturesque Tocumwal, this Freehold Going Concern sits right on the banks of the Murray River and offers buyers a myriad of opportunities. The park is currently run as a fixed income park, with a great blend of 45 permanents and 72 annuals, but no tourist income at all! The park boasts many features and opportunities, including:
• Large 11.56 acre park with 64 ML water rights
• 22 storage sheds rented by park occupants
• Opportunity to amend park dynamic to add tourist sites and grow income
• Impressive large 4 bedroom residence with amazing views of the Murray River
• Recently installed high spec waste water treatment plant allows for park growth
The Park is currently run under management as the current owners have owned the park since 1987 and are looking to retire. Tocumwal boasts one of regional NSW's most highly regarded golf courses, which is just 4km's away from the Park, with the main township only 5km's away. The Park also has its own boat ramp, giving visitors direct access to boating and fishing and all else the Murray River has to offer. You also have the assurance that this Park had no issues with water inundation in the state's most recent floods, which should give buyers peace of mind.
It is rare to find a Freehold Going Concern on the Murray River with the options available to you like this. Run under management, change dynamics and grow, or sit back and enjoy the lifestyle of a fixed income park.
Business Summary
Key Investment Insights
1. The business for sale is a fixed income park located on the banks of the Murray River in Tocumwal, NSW.
2. The park currently has 45 permanent and 72 annual occupants, but no tourist income.
3. The park sits on 11.56 acres of land and has 64 ML water rights.
4. There are 22 storage sheds on the property that are rented by park occupants.
5. There is potential to amend the park's dynamic and add tourist sites to increase income.
6. The park includes a large 4 bedroom residence with stunning views of the Murray River.
7. A high spec waste water treatment plant has recently been installed, allowing for park growth.
8. The current owners have owned the park since 1987 and are looking to retire.
9. Tocumwal is home to a highly regarded golf course and the main township is only 5km away.
10. The park has its own boat ramp, providing direct access to boating and fishing on the Murray River.
11. The park was not affected by water inundation during the recent floods.
12. This is a rare opportunity to purchase a Freehold Going Concern on the Murray River with multiple options for growth and management.
13. The park can continue to be run under management, be restructured for growth, or be enjoyed as a fixed income park.
14. The location offers a desirable lifestyle with access to outdoor activities and stunning views.
15. The business is being sold exclusively by Tower Business Brokers.
