Long Jetty, New South Wales

$5,675,000

Property Description

Well over a $500,000 return P/A. Run it under full management !!

Takings well over $650,000 !!
This is a solid, long term investment !! 95% occupancy.
Nearly all tenants are full-time residents, and you only need to collect the rent and keep the park in good, clean order.
Low overheads create a high percentage of NET profit from GROSS income.
Easier to manage than the traditional Caravan park or Motel, and a lot more profit.
Huge opportunity for further development and re-scale up, with the current income to build a solid foundation on.
The land is 5.2 hectares - ( over 12 acres ) and the current park uses 1.8 hectares ( 4.4 acres )
Located on 3 separate titles.
There is a huge demand for Manufactured Housing Estate's, and this park is located near Public transport and close to schools.
This secure, gated community is also near a service station, take-away restaurant, chemist and medical centre.
Any further accommodation built would be snapped up by people looking for a great value living.
This is almost a guaranteed result for future investment of the park.
The park is Council approved for a Caravan park and 7 approved camp sites.
The 65 permanent sites are 13 cabins, 42 Van & annex, 5 single vans and 5 relocatable homes.
59 of the sites are owned by the vendors.
The other 6, - 5 vans with annex, and 1 relocatable home are privately owned.
There is also a 3 bedroom Managers residence with living/dining area, lounge room and laundry.
Current owners manage the park, but it affords the luxury of having it run under management.
Located close to Long Jetty, but NOT in Long Jetty.
Potential purchasers must do their own due diligence to support any financial information given.
Please do not approach Vendors directly as they are elderly people.
Confidentiality Agreement must be signed for further information.
Please quote - MSA 5046, and call Michael NOW !!! for more information or submit an enquiry

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

Michael Keltie

Marketing Agency

Business Brokers Network Australia

Business Brokers Network Australia

Business Brokers Network Australia

Michael Keltie
Business Brokers Network Australia

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Map Location ( get directions )

Long Jetty, New South Wales 2261 Exact map location not provided

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$5,675,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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