A Serious Self Funding Land Opportunity - 1001cpf
Lakes Entrance VIC, VIC
Description
Koonwarra is the largest cabin/caravan park in Lakes Entrance Victoria's Riviera. Situated on 1.78 Hectares of land ready for expansion and development. The park in operation offers an extremely viable business, on a "land bank" opportunity for bigger things to come. A raft of opportunities: - A site for an MHE (Manufactured Home Estate). - Low cost housing for retirees. - An elite housing development. - Even greater development opportunities with adjacent properties for sale. On the coastal road from Melbourne to Sydney, Lakes Entrance is the ideal stop-over for international travellers, families and retirees. Net Profit: $563,533 for 2022/23 (as provided by vendor) Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection. Property ID: 1001CPF (quote when enquiring) Property Code: 4748
Financials
- Asking price
- $6,900,000
- Net profit
- $563,533
- Revenue
- —
- Profit multiple
- 12.24x
- Revenue multiple
- —
Agent
Tourism Brokers
