Key Investment Insights
AI generated. Confirm details with the seller.
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.
