656 O'Connors Road, Werribee South, Victoria
Metro Beachside Park with Huge Cashflow Upside!
Expressions of Interest by 4pm 29th Nov 2024
Business Description
• Freehold Going Concern
• Multiple Income Streams
• Forecast income developed $1.8m approx
Lifestyle & Leisure Sales are pleased to offer for sale Holiday Lifestyle Wyndham Cove which is inclusive of Freehold together with 41 registered leasehold sites as a going concern. This opportunity is perfect for the build to rent model on the remaining fully serviced sites, where up to 30 plus cabins can be installed.
Multiple income streams, including short and long-term rental, site fees and leasehold income.
Once fully developed forecast revenue $1.8m approx.
This unique property is Zoned Residential, land tax and GST exempt.
Key Investment Highlights:
- Existing income circa $300,000
- Total land area 12,000 Sqm (1.2ha)
- 41 Registered leasehold titled sites
- Ideal for Build to rent or sell down sites.
- Beachside location near the sandy swimming beach and boat ramp, adjoining skate park/reserve, close to the Werribee Mansion, Werribee Zoo, Wineries, Golf Course and Marina.
For Sale via Expressions of Interest closing 4pm (AEST) Friday 29th November 2024.
Business Summary
Key Investment Insights
1. The business for sale is a freehold going concern, which includes 41 registered leasehold sites.
2. It has multiple income streams, including short and long-term rental, site fees, and leasehold income.
3. The forecasted income once fully developed is $1.8 million.
4. The property is zoned residential and is exempt from land tax and GST.
5. The existing income is approximately $300,000.
6. The total land area is 12,000 square meters.
7. The location is beachside, near a sandy swimming beach, boat ramp, skate park, reserve, and other popular attractions such as the Werribee Mansion, Zoo, Wineries, Golf Course, and Marina.
8. The property has potential for further development, such as the build to rent model or selling down sites.
9. The sale is being conducted through Expressions of Interest, with a closing date of 4pm (AEST) on Friday, 29th November 2024.