Oakwood, Queensland
BURNETT REGION LONG TERM CARAVAN PARK WITH GREAT RETURN!
SOLD
Business Description
We are pleased to present the Freehold going concern of the Oakwood Caravan park located in Oakwood, Bundaberg, Queensland.
This property is predominantly a permanent resident property with some Tourist sites and cabins also available.
The property occupies 1.26 hectares with an additional 1.21 hectares opposite which is used as the Park’s treatment system.
There are a total of 86 registered sites, plus additional “overflow” sites in the peak season.
The Park demands high tariffs and rents and has a very stable Tenant occupancy.
The owners currently live offsite and have a part time on site Manager who resides in the Park.
The office is open for 2 1/2 hours per day, 5 days a week for the permanent residents and the onsite manager attends to Tourist arrivals etc.
This is a very easy to manage property with great upside for new owners.
Business Summary
Key Investment Insights
1. Freehold going concern of Oakwood Caravan Park in Oakwood, Bundaberg, Queensland
2. Predominantly a permanent resident property with some tourist sites and cabins available
3. Occupies 1.26 hectares with an additional 1.21 hectares used for treatment system
4. 86 registered sites with additional "overflow" sites in peak season
5. High tariffs and rents with stable tenant occupancy
6. Owners live offsite with part time on site manager
7. Office open for 2 1/2 hours per day, 5 days a week for permanent residents
8. Onsite manager attends to tourist arrivals
9. Easy to manage property with potential for growth under new ownership.