11 Freycinet Street, Waratah Bay, Victoria
SOLD - Waratah Bay Caravan Park
SOLD
Business Description
CRE Brokers are excited to present this opportunity to enter a new long term lease to operate the Waratah Bay Caravan Park.
Sandy Point Waratah Bay Foreshore Committee Incorporated seek Expressions of Interest (EOI) from suitably qualified interested parties
The EOI closes on 20th October 2023
Waratah Bay Caravan Park enjoys an extensive foreshore frontage to 22 kilometres of pristine beachfront and is a short drive to the gateway of Wilsons Promontory National Park. This established caravan park is developed over a 3.795 hectares site and currently offers about 171 sites.
The Caravan Park business is underpinned by 80 of those sites being occupied by annuals. The Caravan Park offers an opportunity to further improve it by establishing new cabins for short term stay tourists, and / or separately purchasing the existing cabins from the outgoing tenant.
The Caravan Park is established and is ready for you to reap the trading benefits of the many Christmas – Easter holiday seasons.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:CARAVAN PARK, C:VIC - GippslandKey Investment Insights
1. Listing header states SOLD, indicating transaction status shown in the advertisement.
2. Opportunity to enter a new long‑term lease to operate Waratah Bay Caravan Park.
3. Expressions of Interest were sought by Sandy Point Waratah Bay Foreshore Committee Incorporated, closing 20 October 2023.
4. Extensive foreshore frontage to 22 kilometres of beachfront, providing strong coastal appeal.
5. Short drive to the gateway of Wilsons Promontory National Park, enhancing tourist draw.
6. Established caravan park developed over a 3.795 hectare site.
7. Park currently offers about 171 sites, providing significant capacity.
8. Business underpinned by approximately 80 annual-occupied sites, offering recurring income.
9. Clear upside to add new cabins for short-term tourists, enabling revenue growth.
10. Option to separately purchase existing cabins from the outgoing tenant, facilitating asset control.
11. Positioned to capture strong seasonal trading cycles, notably Christmas to Easter.
12. Asset class and location noted as leasehold caravan park in Gippsland, Victoria.
