835 Weir Road, Torrumbarry, Victoria
25 acre Tourist Park overlooking the Majestic Murray River
SOLD
Business Description
This wonderfully presented, 25 acre Murray River Leasehold Park presents buyers with everything they should be looking for in a Holiday Park. The Park sits right on the banks of the Murray River overlooking the spectacular Torrumbarry Weir and is flanked by the beautiful Gunbower National Park.
115 Annual site holders ensures all year round, guaranteed income along with other income streams within the Park. The Park has 8 tourist cabins and a 2 bedroom house to let, and with only 3 cabins presently occupying river frontage, there is no doubt this aspect of the Park could be grown.
The current owners are in their 23rd year of owning this Park, and have done a wonderful job of expanding and developing this Park to what you see today. Capital projects have continued to be completed, including the recent completion of the camp kitchen as well as a refurbishment to the top amenities block which is due to be completed soon.
This Park is simply stunning, and sits at the very top of Parks that are currently on the market. To have the opportunity to grow with the comfort of the annuals site holders fixed income makes this a Park that would suit owner/operators through to investors.
Business Summary
Key Investment Insights
1. Prime location: The tourist park is situated on a 25 acre property overlooking the picturesque Murray River and Torrumbarry Weir. It is also surrounded by the beautiful Gunbower National Park.
2. Guaranteed income: With 115 annual site holders, the park generates a steady and guaranteed income all year round. This provides stability and security for potential buyers.
3. Multiple income streams: In addition to the annual site holders, the park also has 8 tourist cabins and a 2 bedroom house for rent. This offers potential for additional income streams.
4. Potential for growth: The park currently has only 3 cabins occupying river frontage, leaving room for expansion and potential for increased revenue.
5. Experienced owners: The current owners have been running the park for 23 years and have continuously expanded and developed the park. Their experience and expertise make this an attractive opportunity for buyers.
6. Ongoing capital projects: The park has ongoing capital projects, such as the recent completion of a camp kitchen and refurbishment of amenities, which add value to the property and improve the overall experience for guests.
7. High market value: The park is considered one of the top parks currently on the market, making it a valuable investment opportunity.
8. Suitable for different types of buyers: The park is suitable for both owner/operators and investors, providing a range of options for potential buyers.
9. Stunning surroundings: The park's location and surroundings make it a visually appealing and desirable destination for guests.
10. Proximity to popular attractions: The park's location near the Murray River and Gunbower National Park offers guests easy access to popular tourist attractions, making it an attractive destination for visitors.
