Property Description

A strong Leasehold Caravan Park and Motel, the dynamic of this Business has recently changed to ensure massive opportunity for growth in to the future. The Park has doubled in physical size in the past few years due to the addition of the Motel and group accommodation, and while only in its infancy, this will no doubt equate to much growth financially also.

– A great variety of accommodation types varying from near new cabins, grassed powered sites right through to a 24 bed bunkhouse and Motel units.
– 54 Annuals paying over $4,000.
– Lovely bush setting that is less than 5 minutes from stunning beaches and coastline and close proximity to the Phillip Island Grand Prix track.

This Park is ideal for all buyers with the surety of a large fixed income base and the development opportunity to continue to grow. Opportunities in Coastal locations like this are few and fair between and should be explored by all would be buyers.

Key Features

  • - Located in close proximity to Grand Prix track
  • - Physical park size has doubled in last 12 months
  • - Phillip Island is one of Victoria's most popular tourist destinations

Location