Business ID: XB------
Annual Rent Approx. $110,000 p.a. + GST with long term lease
A rare opportunity to acquire a fully leased freehold caravan park property in one of Victoria’s most popular regional destinations — Foster, the gateway to Wilsons Promontory National Park.
Positioned on approx. 12,685 sqm of Commercial zoned land, this low-maintenance investment delivers an income stream in a strategic South Gippsland location with long-term land value upside.
Investment Highlights
· Caravan Park business with an operator in place
· Approx rent income of $110,000 p.a. + GST with annual CPI increases
· Tenant responsible for outgoings
· Secure long lease
· Walkable to Foster’s main street, cafes, supermarket, and essential services including South Gippsland Hospital.
· Strategic landholding in Commercial Zone next to Foster Bowling Club and Foster Showground, and close to town services
· 20 minutes to the gates of Wilsons Promontory and
· Surrounded by rapidly growing regional tourism and lifestyle migration
Capital Growth & Future Potential
· Value-add potential through future redevelopment (STCA)
· Rare coastal regional asset class with increasing demand from SMSFs and private investors
· Benefiting from rising land values and infrastructure investment in South Gippsland
Asking Price : $2,600,000 (negotiable)
Property Code: 4359
