A Serious Self Funding Land Opportunity - 1001cpf

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Lakes Entrance, Victoria 3909

FREEHOLD $6,900,000

Key Features

AI generated. Contact seller to confirm.

Largest cabin/caravan park in Lakes Entrance
Situated on 1.78 hectares with development potential
Land bank opportunity for expanded residential developments
Suitable for Manufactured Home Estate or low-cost retiree housing
Adjacent properties available enabling greater development scope
Located on coastal road between Melbourne and Sydney

Turnover: Not disclosed
Net Profit: $563,533
Rent/Lease: Not disclosed
Stock Value: Not disclosed
Established: Not disclosed

Business Details

Business Category Caravan Park

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