Quicks Road, Tocumwal, New South Wales
Fixed income park on Murray River with options galore
Under Contract / Offer
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. Insight: Freehold Going Concern located directly on the Murray River, offering permanent ownership and control.
2. Insight: Large 11.56 acre site, providing substantial landholding for current operations and expansion.
3. Insight: 64 megalitre water rights included, a significant resource advantage for riverfront operations.
4. Insight: Current fixed income model comprises 45 permanent sites and 72 annual sites, delivering stable recurring revenue.
5. Insight: No tourist income at present, representing clear upside potential by adding short-stay or holiday sites.
6. Insight: Recently installed high specification wastewater treatment plant facilitates park growth and regulatory compliance.
7. Insight: 22 storage sheds currently rented to occupants, contributing ancillary rental income.
8. Insight: Onsite large four‑bedroom residence with commanding Murray River views, suitable for owner occupation or premium rental.
9. Insight: Private boat ramp provides direct boating and fishing access, a strong drawcard for river recreational tourism.
10. Insight: Park ran under management, offering a passive ownership option while owners have held the asset since 1987 and are retiring.
11. Insight: Proximity to Tocumwal township 5 km away and a highly regarded golf course 4 km away, enhancing guest appeal and convenience.
12. Insight: No reported inundation during the state's most recent floods, reducing perceived flood risk for buyers.
