Key Investment Insights
AI generated. Confirm details with the seller.
1. Strong performing mixed-use park in a top tourist and retiree destination – the Latrobe Valley of Victoria.
2. 137 mixed-use sites with a mix of permanent and long-term residents.
3. Diverse range of accommodation options including owner-resident homes, long-term park-owned cottages, cabins/bunkhouses, campsites, and vacant development-ready sites.
4. High-quality facilities including indoor and outdoor pools, recreation room, gym, BBQ areas, camp kitchen, amenity blocks, guest laundry, and manager's residence.
5. Convenient location with a 2-hour drive to Melbourne and close proximity to two major town centers.
6. Substantial 4.06 hectare freehold site with double frontage and flexible zoning.
7. Strong financial performance with $1.47 million Gross Profit in FYE 2024 and high occupancy across all accommodation categories.
8. Potential for additional development profits from home sales and increased site fees from 11 vacant, serviced sites.
9. Well-maintained and low-cost base asset with minimal CAPEX requirements and simple management structure.
10. Experienced on-site managers in place.
11. Potential for long-term value growth due to strong regional location and substantial landholding.
12. Offered for sale together with two other lifestyle villages in Queensland, providing potential for a larger investment opportunity.
13. Expression of Interest campaign closing on September 12, 2024.
