35 Bayside Boulevard

Goughs Bay VIC 3723

Offering three forms of Income:

1. Management Rights: 68 permanent privately owned sites paying an annual fee, bringing regular income each year - sites renewed each year.

2. Cabin and caravan park.
9 cabins available for booking guests year-round.
20 powered camping sites available year-round.
Numerous non-powered sites.

3. The Red Fin Cafe - with coffee machine, pizza oven, deep fryer, fridges, freezers, big deck to sit and enjoy an ice cream or coffee or Friday night pizza night with entertainment being a band or karaoke.

Options:

No advertising is currently spent - An opportunity missed!
Space for expansion, to build more units or boat storage - STCA and lease
approval - Transfer the 20 powered sites to annual sites or cabin sites.
Sell the 9 cabins as annual sites.
Increase the annual rent from an average of $3200 - $4500 adding 88,000 per year (at current occupancy).

Lease: Long lease of 23 years with an opportunity to extend - Amazing rental of $38,400 per annum.

Managers Accommodation:

House comprising 3 bedrooms, two bathrooms, wood heater, split systems, huge amount of solar panels.
BBQ area undercover with communal fridge, freezer, table, chairs & fire pit.

Key Features:

* Long lease of 23 years with an opportunity to extend
* Excellent rental of $38,400 per annum
* Fantastic VIC lakeside location
* Located 15 mins from Mansfield and 40 mins from Mount Buller Ski Resort
* Situated upon approx. 11 acres
* Amenities block, laundry facilities
* Camp facilities and kitchen
* Popular pet friendly park and accommodation
* BBQ & camp kitchen
* Large 3 x bedroom family residence
* Boat club situated just 500 metres from the Caravan Park

This is a wonderful opportunity to purchase a leasehold caravan park in an outstanding and popular VIC tourism location.

Contact Evan Stewart at MHB to arrange your inspection of this terrific business opportunity.