Freehold - Silver Sands Tourist Park, Lakes Entrance Vic - 1p0323

Time to reap the benefits!

Presenting a fantastic freehold going concern Tourist Park with options galore.

Centrally located in the picturesque tourism mecca of Lakes Entrance, this property presents 3 clear land titles spanning over approx. 6039m2 of General Residential (GRZ1) zoned land.

Huge opportunity for investors and developers to further sub-divide and sell the titles. Possibilities of 20 approx. titles (STCA).

Featuring an existing well-established Tourist Park business with a yield of approx. 7% to the buyer.

Opportunity to add all cabins to the existing site to maximize revenue.

Genuine reason for sale with the current owners wanting to retire after 47 years!

Key Features:

* 11 x Cabins, 2 x 2 bedroom units with private parking, 25 x powered sites
* 4 Drive Thru Large sites for bigger RV'S (Can be split into 8 Powered sites)
* Potential to split into 20 titles (STCA)
* Function room - 26 x pax with functional kitchen and toilet, outside seating
* 3 x bedroom owner's accommodation
* Office reception area and 2 BBQ areas and kitchen
* Amenities block - men's and ladies
* Separate guest laundry
* Fully fenced in-ground swimming pool, table tennis room + kids playground
* Ample parking for caravans, camper trailers and large RV`s
* Well maintained grass areas
* Dump point
* Chain affiliated with KUI Parks
* 192 Solar PV panels - solar hot water unit
* 11 security cameras
* Situated upon approx. 6039m2 of GRZ1 zoned land
* Development opportunity - potential to convert all sites into cabins. (STCA)

Ready for the astute operator, offering paradise living and steady income.

Genuine opportunity to further develop the current business model as well as tourism/leisure revenues.

A MUST TO INSPECT. DON'T MISS THE OUTSTANDING OPPORTUNITY!

*All inspections by appointment only.

Contact Kamal Sharma at MHB direct on XXXXXXXXXX for more information.