- Categories: Accommodation/Tourism
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,---.---.-- 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
