Freehold Caravan Park Investment in Prime Tourism Corridor – Foster VIC

Description

Business ID: XB160969 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