Acquire a development opportunity with established income | Resort Brokers ID : FH008157
$1,550,000
Caravan Park hospitality, KOOTINGAL NSW
ResortBrokers presents a prime opportunity to acquire a parcel of land in a region experiencing consistent growth. With local councils promoting regional travel and accommodation, this property is ideally situated between two thriving hubs.
The location boasts a serene mountainous backdrop, offering a unique blend of business and beauty. Approved for 14 in the first stage, this investment has proven income.
Seize the chance to steer this property into its next prosperous chapter.
- Approval for 14 manufactured houses in the initial phase
- Strategically located on a large land parcel on New England's main arterial road
- Stable and consistent income stream
- Set against a picturesque mountainous backdrop
- Opportunity to operate a business between two bustling regional centres
- Benefit from local council's focus on regional travel and accommodation
- Capitalise on the region's consistent growth over the past five years
- Inspections are by appointment only
Date updated: 01 May 2024 01:00:04
More Information
- Total Purchase Price: $1,550,000
- Net Income: $ 181,425
(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?