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Listing Id: 34564 Last Refreshed: 17/12/2024 Total Views: 24 Broker Ref: 23256

Huge Vendors terms, on the biggest park in Lakes Entrance

VictoriaResorts
Asking Price: $8,150,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

To a qualified buyer, less than half the asking price can get you in - on very generous Vendors terms.
This then allows other capital to further invest in cabins with an en-suite, and increase the yearly bottom line substantially !!
At well over 6 acres, this is the largest land acquisition for sale in Lakes Entrance accommodation industry.
Your investment is very safe with the land value alone, in a prime location in the heart of Lakes Entrance.
The Vendor recently acquired another 2 acres, and plans are in the system for further sites on this extra, large parcel of land.
This is an opportunity for a section of the park to be a Retirement Housing area, which is in huge demand.
Running under FULL management. This can be a passive income if you want your time for other matters in life.
Or you can choose to manage yourself.
Currently running as a very profitable business.
A further investment of approximately 1 million could yield another $500,000 to the bottom line - under management.
Please call the Agent below to discuss.
Great further opportunity that is ready for expansion and development, a valuable asset moving forward into the future.
Keep the current business model and further develop for both low cost housing for retirees, or can be a huge site for a Manufactured Home Estate,
On the Main Highway, Lakes Entrance is between Melbourne and Sydney and is a popular stop-over for international travellers, families and retirees.
Koonwarra Family Holiday Park is the largest caravan/cabin park in the Lakes Entrance Riviera region.
Extensive information is available to interested parties and a informative inspection is welcomed to serious purchasers.
Due diligence is welcomed and all information must be substantiated before an offer is submitted.
As the park is run under management, any inspection must be pre-arranged.
For more information call Michael on - 0400 645 133. NOW !! or " SUBMIT AN ENQUIRY "
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