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Accommodation/Tourism
LEONGATHA, VIC
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CARAVAN PARK FREEHOLD PASSIVE INVESTMENT - SECURE INCOME OPPORTUNITY
Leongatha, VIC, 3953
Accommodation/tourism · Caravan Park
$1,300,000
DESCRIPTIONLeongatha 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 cabinsPowered Sites for short term Stay2 Bedroom Owners Residence with adjoining reception officeBrick Constructed 70 capacity separated male and female amenities block.Bitumen Driveway to all sitesLow 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 outgoings6.6% ROI with annual increases Predictable cash flow Long Term Capitalization growth with increasing land value and population growth.Replacement Cost well below asking PriceASKING 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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