Caravan park - riverside ne vic

29 days ago

Private Seller

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Summary

Great potential and timing to take advantage of the strong vic state funded tourism investment in the king valley attracting an exponential influx of tourists.

Location Details

98 Gentle Annie lane
Situated either side of the king river 2.5km from the centre of Whitfield.
Attractions include lake William hovel , paradise falls , powers lookout , great pub, wineries and eateries .

Potential

$500,000+ govt grant just received to improve park infrastructure.
To increase the amount of cabins from the 2 currently available.
12 annual sites provide an excellent winter income boost which could be expanded upon with more sites .
River events are popular such as the annual duck race with some creativity tube races could held .

Skills

Must be self driven, organised and work as a team .

Hours

Mornings and evenings are the main periods whereby customers require service on a daily basis .

Lease

8 years remaining of 21 year lease through dewlp . Rent paid to committee of management can be used for infrastructure.

Employees

Couple plus one casual cleaner

Reason for Sale

Many Other projects require attention to complete .

About the Business

Caravan park on the king river Whitfield, north east Victoria.
Established over 70 years ago this rock solid business would suit an energetic couple keen to reap the rewards of hard work during the season then rest over winter.
Growing strongly year to year with millions being invested in the region it's hard not to succeed .
Park consists of 3 sections , powered 28 sites the remaining being 100 unpowered.
12 annual sites providing winter income .
2 cabins , solidly booked
9 years lease remaining through dewlp
Low rent paid to committee of management for reinvestment in park infrastructure.
Strong repeat cliental, booking a year in advance in many cases with nearly every long weekend booked out .
Figures available to serious buyers .
Vendor finance may be available to the right purchaser .

History

Established 70 years , with generations returning year after year , Gentle Annie has become an icon of the king valley.

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