NORTHERN TERRITORY LEASEHOLD CARAVAN PARK SHOWING OVER 18% RETURN!!
We are pleased to offer the leasehold of the Boab Caravan Park for sale.
This Park is located in Katherine in the Northern Territory.
The Caravan Park is a Tourist only property and offers guests the choice of a good range of cabin accommodation and all powered sites are drive through.
Arguably one of the best Parks in Katherine, the trading is complimented by sales of food and fuel, and has a small store selling basic grocery items. There is also a liquor license.
The Park had a major refurbishment in 2012 and is know regarded as the best local Caravan Park.
Currently run completely under Management, this property would be a great investment for a new owner who could leave it as is, or equally a great business for hands on owners.
Located on the Victoria Highway only minutes to the centre of town and offering a very high return of over $285,000
Good rent ratio with rent commencing @$200,000 per annum