Summary
DESCRIPTION Leongatha Caravan Park occupies 8000sqm of commercial zoned land and is positioned within walking distance to all town shopping facilities providing convenience for park residents and
About the Business
DESCRIPTION
Leongatha Caravan Park occupies 8000sqm of commercial zoned land and is positioned within walking distance to all town shopping facilities providing convenience for park residents and with a highly experienced Lessee in place the park enjoys continuous 95% + occupancy translating to predictable investment return with minimal lessor involvement.
With a rental income of $84,000 returning an initial ROI of 6.6% on asking price plus annual increases of 3% this investment opportunity is ideally suited for SMSF investors or private buyers seeking a long term secure and reliable yield.
THE PARK:
The Park consists of 49 powered sites comprising :
Lessee owned vans and constructed cabins.
Resident owned vans and constructed cabins
Powered Sites for short term Stay
2 Bedroom Owners Residence with adjoining reception office
Brick Constructed 70 capacity separated male and female amenities block.
Bitumen Driveway to all sites
Low Maintenance Structure
INVESTMENT FEATURES:
Long term lessee /operator in place enjoying high profitability from 100% park occupancy
Secure 30 Year Lease inclusive of remaining options
Net Rental Income of $84,000.00
Lessee responsible for all outgoings
6.6% ROI with annual increases
Predictable cash flow
Long Term Capitalization growth with increasing land value and population growth.
Replacement Cost well below asking Price
ASKING PRICE: $1,300.000.00 to return 6.5% ROI
SUMMARY:
Secure and Stable long term Investments like this are hard to find!!
Recommended for an SMSF Investment or private investor looking for security of income return plus investment capitalization
For more information on this rare investment opportunity or to organize an inspection please contact CHRIS KEESHAN as detailed
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