Red Cliffs, Victoria

$1,600,000

Property Description

Diverse Leasehold Business that is simply a 'money maker'

Located in one of Australia's largest fruit growing areas, this 9.5 acre Caravan Park has evolved in to an all year round earner that is continuing to grow. The Park is currently experiencing significant growth due to it's ability to accommodate large numbers of workers that come to the area. This coupled with it's tourist income has made this an almost bulletproof business for potential buyers. Some further points of interest are:
- 2 cabins new to the park arrived in February 2019 so only 4 months of income from these shown in 18/19 P&L. 6 more cabins new to the park arrived in September and November 2019 so will not be in 18/19 P&L at all.
- 7 new cabins recently installed that are now in use
- Potential to purchase the Freehold and Business if this is of greater interest

Ideal for owner operators or investors to put managers in as this is a low cost, low maintenance Park to run. Clearly this Park is showing massive growth with income up significantly on last year and all signs are this upward trend will continue.

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 )

Red Cliffs, Victoria 3496 Exact map location not provided

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