Freehold Investment, City Caravan Park, 8% ROI, BE QUICK!! - 1P5015CP
EXCLUSIVE TO CRE BROKERS, as a Freehold Investment Caravan Park.
Located in one of the State's largest and strongest regional cities, this property is ideally positioned with great exposure to major Highway, offering various accommodation options for all travellers.
The Caravan Park has been run as a very profitable business for decades by the tenants, showing steady growth. With the rent being only 16% of Turnover, this ensures a secure passive investment for the Landlord/Freehold Owner.
There is a long lease in place with rental increases adjusted annually to CPI and a Market Review at the expiration of each 5 year term, however the rent cannot be less than the previous year. All outgoings are paid by the tenant.
This Freehold Passive Investment will ensure a purchaser a secure long term investment, growing year by year, with little to no expenses.