2 Ween StreetPeak Hill NSW 2869
Property Details for 2 Ween St, Peak Hill
Last Listing description (September 2020)
Phone enquiries - please quote property ID 06012
IDEAL LIFESTYLE BUSINESS WITH EXCELLENT COMMERCIAL ASSET!
The Peak Hill Caravan Park has been successfully run by a couple for the last 15 years and during this time the turnover has gone from strength to strength ($450+ per annum). Owners are now retiring and will be selling FREEHOLD.
THE FREEHOLD INCLUDES:-
Land Size 1.174ha (2.89acres or 11700m2)
8 cabins all self-contained, air-conditioned, en-suites (mix of doubles and family cabins)
28 powered
5 unpowered
Comfortable, 2br owners/managers residence, constructed with clad/fibro with double garage. The home has r/c air-conditioning, living area, kitchen and central bathroom
The Shop (attached to the residence and under the same roof
Amenities block (brick) includes toilets, laundry showers, hand basins
Storage shed + smaller garden shed
BBQ area
ABOUT THE BUSINESS & LOCATION:-
As mentioned the Caravan park has a healthy and increasing turnover. The cabin business has a steady income from travellers, local miners and railway workers and boosted by events like the Elvis festival in Parkes. The cabins have an 75% occupancy rate and the whole park in general is consistently increasing. In addition, the Brisbane to Melbourne railway line is underway and business increased.
Other details:-
Website in Place
Stock in hand is usually around $10- $15,000
The convenient store is located in the office area of the caravan park and is established as a very popular shop for the local Peak Hill community.
Extensive signage around the area including a lightbox on the Newell Highway
Appears on many accommodation websites
The park is getting great reviews on both WikiCamps and Trip Adviser
The excellent location is just off the highway and close to the clubs and shops making it a very popular stopping point for the thousands of travellers moving north and south each year.
Extra land has been purchased for an extension to the park to cater for the growing number of 'gray nomads' who are finding it more and more difficult and expensive to stop in parks along the coast. The park has many other features that make it very popular with the traveling public. It is the ULTIMATE lifestyle for a husband & wife team, or small family. Alternatively you may be an investor and wish to outsource the management. This too is very feasible.
Inquire today to find out more
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
Property History for 2 Ween St, Peak Hill, NSW 2869
- 19 Apr 2015Listed for Sale WIWO $810,000
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0About Peak Hill 2869
The size of Peak Hill is approximately 1,263.2 square kilometres. It has 13 parks covering nearly 4.9% of total area. The population of Peak Hill in 2011 was 1,150 people. By 2016 the population was 1,120 showing a population decline of 2.6% in the area during that time. The predominant age group in Peak Hill is 60-69 years. Households in Peak Hill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Peak Hill work in a managers occupation. In 2011, 68.3% of the homes in Peak Hill were owner-occupied compared with 65% in 2016.
Peak Hill has 928 properties. Over the last 5 years, Houses in Peak Hill have seen a 55.72% increase in median value, while Units have seen a -71.97% decrease. As at 31 July 2024:
- The median value for Houses in Peak Hill is $175,571 while the median value for Units is $276,156.
- Houses have a median rent of $300.
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