FHGC Offering HIGH ROI YIELD on Expansive Flood Free Landholding | Resort Brokers ID : FH008138
$1,999,900
Caravan Park hospitality, Casino NSW
ResortBrokers is delighted to present to the market this unique opportunity to purchase the Freehold Going Concern of a caravan park consistently offering high net profits and priced at a very attractive ROI yield.
Recession-resistant income from mainly long-term and permanent residences makes this park a positive cash flow investment from day one. If you have been waiting for an affordable way to secure a large land holding in this region, here is a rare opportunity to do just that.
Most of Miguel's listings in this region have been under offer in their first week, so the old saying that"all good things come to those that wait"does not apply here.
- Situated in the highly desirable Northern Rivers region of NSW
- Home to a majority of long-term permanent residents
- Recent enhancements include some newly erected fences
- Infrastructure upgrades featuring brand new road surfaces
- Addition of four modern cabins
- Upgraded security with the installation of CC security cameras
- A recession-resistant asset offering a stable income
- Provides highly sought-after affordable accommodations
- Inspections are by appointment only
Date updated: 21 May 2024 05:35:13
More Information
- Total Purchase Price: $1,999,900
- Net Income: $ 269,373
(projected)
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?