Ballina Waterfront Village and Tourist Park

FOR SALE BY EXPRESSION OF INTEREST

HTL Property is pleased to offer for sale the freehold going concern interest in Ballina Waterfront Village and Tourist Park, a strong-performing mixed-use park with development potential located on the pristine Far North Coast of NSW. This well-run park offers a great opportunity to secure an established, highly passive income plus development potential underpinned by a prime coastal location.

Key Investment Highlights include:

• Operating 77 sites of which 40 are resident-owned and 30 are long-term rentals
• High quality facilities including pool, camp kitchen and amenities
• Within 30 minutes to Byron Bay and 1.5 hours to the Gold Coast*
• Significant 1.80 ha total landholding*
• Over $700k in Gross Revenue (FYE 2022) with a Covid-resilient income profile*
• Approximately 80% of revenue is secure and passive
• DA to expand to 87 sites and operate as a Residential Land Lease Community
• Substantial potential to increase revenue via repositioning and value-add
• Over 46,000 people in Ballina Shire, high proportion over 50+ years age demographic
• #1 regional NSW tourist destination with over 9.1 million visitors (YE 2021)
• Opportunity to capitalise on the regional housing boom and ageing population

*Approx

Ballina Waterfront Village and Tourist Park provides a prime opportunity to enter the booming park sector at an affordable entry point while offering abundant scope for expansion and development.