Chris: 0438 340 706 Steve Fuller: 0420310500

Leasehold

CARAVAN PARK LEASEHOLD - CENTRALLY LOCATED BETWEEN MELBOURNE & SYDNEY. RENT ONLY 7.5% OF 15/16 TURNOVER (ID:LH:JIM HMV)

$720,000 +SAV
Area: Holbrook Code: LH:HMV

 

 This Leasehold is like owning a freehold with a yield of 24%

Features

  • Council owned caravan park
  • Council responsible for amenities block, all services, power heads and tree-lopping
  • Lease at 26 years
  • 11 cabins ALL owned by Lessee/Tenant
  • 29 powered sites
  • Large 3 bedroom residence with private yard and camp kitchen (all tenants property)
  • 10 acres with un-metered bore used for lawns and gardens
  • Dump point
  • Swimming Pool / BBQ area / Snack bar
  • Guest laundry

Turnover

  • 2015/2016: $295,940

Profit

  • 2015/2016: $172,003 (after rent)
  • RENT: $22,249 + GST