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Leasehold, 32% Net Returns

Price: Leasehold $295,000

 


The Lease arrangements with this park will be 10 years with a 5+5 option, Rent of $63,000 per year. Currently the park is run by husband and wife operators, all that is needed is a motivated operators and the possibilities are endless. With the lease agreement and current income you will be achieving a 26.5% Net return on your investment.
Macarthur Coal Ltd has developed the Monto coal project, Monto sits squarely in an exciting new market for low ash-low nitrogen coal, with the project adjacent to rail and power infrastructure. This park also lends itself to a great tourist park close to the CBD and on the main inland A3 Highway, with room to expand on this park, but not to forget, there is a lot of infrastructure still on this park. There has been a lot of enquiries from the mining sector for additional accommodation in the park, testing and road building companies are already booked in, so buy now and reap the benefits.
PARK:
Set 5 acre peaceful park in a delightful rural bush setting with country views of grassy flats and blue hills.
Features:
• Cabins
o 2 Ensuite Family Cabins
o 5 Ensuite Cabins
o 5 non Ensuite Cabins
• 8 Workers Quarters (Sharing 2 Bathrooms and 2 Kitchens)
• 28 Powered Sites
• 4 Park Owned Vans
• 28 Tourist Sites
• Bedroom Unit w/ Spa Bath rent $350 p/w
• 4 Bedroom Residence that can also be used as accommodation.
• Office Attached to Home
• Amenities Block
o Male: Toilets: 3 Showers: 4 Urinal: 1
o Female: Toilets:4 Showers: 4
o Baby Bath
• Laundry
o 2 Maytag washers
o 2 Dryers
• Town Sewerage
• Gas Heating
• Pool
• Gravel Roads
• 2 Big Sheds
o 1 holding 4 cars
o 1 holding 2 cars
To view this park please contact

Micky Souvlis on 0429651207

For Sale
Code: cp171

Disclaimer: The information herein has either been provided by the owners of the property or has been obtained from sources deemed reliable.

CARAPARK SALES for themselves and for the Vendor of this property for whom they act give notice that:

(i) all information given in relation to this property, whether contained in this document or given orally, is given without responsibility.

(ii) intending purchasers should satisfy themselves as to the truth of accuracy of all information given by their own inspections, searches, inquiries, advices or as otherwise necessary.

(iii) no person in the employment of CARAPARK SALES has the authority to make or give any represenatation or warranty in relation to this property.