Invest in Your Future: Purchase the Profitable Mitchell Caravan Park in Bourke
BOURKE, NSW, NSW
Description
Invest in Your Future: Purchase the Profitable Mitchell Caravan Park in Bourke Looking for a well-located and spacious caravan park? Look no further than the Mitchell Caravan Park in Bourke. Offering a long 25 years lease and comprising 40 sites, including double-sized caravan sites, a mixture of cabins, and powered/unpowered sites, it's the perfect opportunity for the astute investor. The park has shown steady growth in trading figures year-on-year (even during the pandemic) and is occupied mainly by essential workers ensuring continued trade into the future. The owner's residence includes three bedrooms, a living room, and a separate kitchen. Don't miss out on this fantastic opportunity to run your own business – call Chris today Year-on-year growth in Net profit Extra large caravan parking sites 13.2kw Solar Panel System installed Being sold at close to 40% yield 25 year remaining on lease with annual rent of just over $66,000 Adjusted 2022 Net profit of $143,611 Most central caravan park in Bourke Mixture over cabins and powered caravan sites Inspections are by appointment only
Financials
- Asking price
- $360,000
- Net profit
- $143,611
- Revenue
- —
- Profit multiple
- 2.51x
- Revenue multiple
- —
Agent
Chris Kelly
