SOLD
Property Description
Freehold Going Concern located right on water front land.
On offer:
- 3.4 acres of land
- 104 registered sites.
- 67 residents
- 37 annual site holders
- 5 brick units
- 1 Jayco tourist cabin
- 6 caravan and annexes
- In ground salt pool
- 1 Amenities block
- Boom gates.
- 2 bedroom managers/owners residence
Financial Details Turnover
2013 – $489,000
2014 – $459,000
2015 – $533,000
2016 – $545,000
Adjusted net profit
2015 – $370,000* (to an owner operator)
2016 – $375,000 * (to an owner operator)
This well presented Freehold Going Concern is located right on the waters edge approx 1-1/4 hours out of Melbourne and 25 minutes from Phillip Island.
It is underpinned by a secure income stream of permanent residents and annual site holders.
There is further scope to increase the revenue with additional tourist cabins and increases in site fees.
Features
104
1
: Other
Address Map
Grantville
Freehold Going Concern
Grantville
AU$3,200,000
Listing ID #1046
Quick Overview
Property Type : Caravan Park
Listing Type : Sold
Listing ID : 1046
Price : AU$3,200,000