Proudly supported by all of the industry's leading brokers
Monopoly freehold park 200m from beautiful white sandy beach | Resort Brokers ID : FH008380
$2,400,000
Caravan Park hospitality, GREGORY WA
ResortBrokers is delighted to bring to market the Port Gregory Caravan Park, a unique investment opportunity in the charming coastal hamlet of Gregory. This monopoly Caravan Park, the only one in the area, ensures low competition and a steady stream of income. Its beachside location offers prime swimming, fishing, and boating, making it a popular destination for both semi-permanent and holiday guests.
The park is well-equipped with a barbeque area, kitchen, laundry, and 2 x amenities blocks, and even offers additional revenue streams through fuel sales and tours of the nearby Pink Lake, a significant tourist attraction.
The park has 10 chalets of various sizes and a balanced mix of permanent sites and tourist sites which allow for consistent income with available space for peak-tourist periods.
The current owners, after 13 years of successful operation, are seeking a fresh challenge. This is a fantastic opportunity to acquire a thriving business with consistent income streams in a beautiful coastal location.
- Exclusive caravan park in the area ensuring minimal competition
- Prime beachfront location offering excellent swimming, fishing and boating experiences
- Potential for efficient management with onsite residence and shop
- Diverse revenue streams including accommodation, fuel sales and tours
- Conveniently located just a 90-minute drive from Geraldton
- Significant potential for further development and expansion
- Highly maintained park with outstanding TripAdvisor reviews
- Steady income ensured by a mix of semi-permanent and holiday guests
- Inspections are by appointment only
Date updated: 29 Dec 2024 22:00:02
More Information
- Total Purchase Price: $2,400,000
- Net Income: $ 451,670
(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?