481 Wagga Road, Albury, New South Wales

$890,000

Property Description

Price Reduced and Inviting Offers - Currently Returning 30% + ROI

30+ ROI based on the 2019/20 financial year, taking in to account bushfires & Covid 19, makes this park an outstanding investment opportunity.
Located within a thriving regional City (Pop. 55,000+), close to the Hume Highway, shopping centre, restaurants, food outlets, park lands and the Murray River, the Albury All Seasons Tourist Park comes complete with;

* 20 x Park owned en-suited cabins in both 1 and 2 bedroom
* Long 25+ year lease with market rent
* Nicely presented Tourist Park, low maintenance and very easy to run
* 35KW Solar Panel system installed resulting in long term cost savings
* Suitable income to continue with managers, ideal for owner operators also

This park provides a wide range of accommodation types which generates strong tourist and fixed income as well as all the facilities expected of a modern day park. What an opportunity to buy at such a strong return in such a strong and vibrant location.

Property Summary

Caravan Park Information

Marketing Agent


Marketing Agency

Tower Business & Realestate

Tower Business & Realestate

Tower Business & Realestate

Tim Symes
Tower Business & Realestate

Phone

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Map Location ( get directions )

481 Wagga Road, Albury, New South Wales 2640

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