One of the best freehold parks in regional australia | Resort Brokers ID : FH007216
$7,500,000
Caravan Park hospitality, Emerald QLD
Located in the booming Central Queensland region driven by resources and agriculture, this 181-site cabin and caravan village demonstrates excellent return on investment with 71 well-maintained cabins, 98 powered sites and 17 overnight unpowered sites. Owned by a local farming family for the past 17 years, the opportunity is ripe for an experienced accommodation operator to modernise processes, increase rates and take this investment to the next level. Boasting strong repeat business and high tourism ratings across the board, this park is regularly booked solid for sporting and other industry events that drive business to this thriving town which is also popular with the wider tourism market. Situated next to the Emerald Aquatic Centre and Emerald Golf Club and only a short walk to the Emerald CBD, nothing else in town beats this location. A camp kitchen and ample amenities around the property make this investment one not to miss.
- The best accommodation park in Emerald
- Great location near the town centre and popular recreational activities
- 181 sites that span across cabins and caravan sites appealing to the entire market
- Prime opportunity for a corporate buyer to plug this business into a more extensive network
- Located in a booming region, with the economy driven by resources and agriculture
- Strong repeat business
- High tourism ratings across the board
- Property inspections are by appointment only
Date updated: 22 Dec 2024 22:00:02
More Information
- Total Purchase Price: $7,500,000
- Net Income: $ 824,801
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?