COASTAL

Property Type: Caravan Park
Sale Type: Freehold
Price: $7,600,000
Region: NSW - Hunter

You won’t find a better located Mobile home and Tourist park. The property is central to everything, situated right on the Pacific Highway, 12 minutes to major airport, 20 minutes from Newcastle, 20 minutes to the Hunter Valley, 20 minutes to many famous beaches and just 2 hours from Sydney.

Situated on approx 32 acres or 11.7 hectares with a total number of 167 sites which includes 25 cabins, all with ensuites. This park enjoys high occupancy year round and has room to do more. This well laid out property is beautifully presented and is able to be run with a minimum staff and is a real money maker, enjoys high turnover and excellent profits.

The residence is massive, 2 story, 2 double lock up garages, 3 fully self contained one bedroom units all with own ensuites, large lounge living areas, large kitchens and a huge entertainment area serving two of the units.

This doesn’t happen often in a mobile home park where you have a fully licensed Chinese Restaurant downstairs. This pays you rent and caters for the park residents, guests and locals.

• Two large solid brick amenity blocks in top condition
• Two laundries well placed in this large park
• Bitumen roads throughout
• Licensed Chinese Restaurant to serve the park and locals alike
• 6 brand new cabins with ensuites installed late ‘09
• Large swimming pool plus kids pool
• Boom gate entry and exit
• Large grassed areas with mature trees

Net profit:  $818,408

Turnover :  $1,060,059 (Projected 2010)