Traralgon Lifestyle Village

HTL Property is pleased to offer for sale the freehold going concern interest in Traralgon Lifestyle Village, a strong performing mixed-use park, catering predominately to permanent and long-term residents, located in a top tourist and retiree destination – the Latrobe Valley of Victoria.

Key Investment Highlights

• Well-presented and popular park offering 137 mixed-use sites + high quality facilities
• 49 owner-resident homes + 20 long-term, park-owned cottages + 21 cabins / bunkhouses + 36 campsites + 11 vacant, development-ready sites
• Indoor and outdoor pools, large recreation room, gym, BBQ areas, camp kitchen, 2 x amenity blocks, guest laundry, manager’s residence and more
• Convenient 2 hour* drive to Melbourne and within 10mins* to two major town centres
• Substantial 4.06 hectare* freehold site with double frontage and flexible zoning
• Strong performing business with $1.47 million* Gross Profit in FYE 2024 underpinned by strong occupancy across all accommodation categories
• 11 vacant, serviced sites prime for home installation offering potential development profits from home sales and a boost to income from additional site fees
• Well-maintained, low-cost base asset with negligible CAPEX requirements + simple management structure (experienced on-site manager’s)

Traralgon Lifestyle Village presents a great opportunity to acquire a strong-performing and well-managed mixed-use park offering immediate development potential and scope to drive revenues. Further, the strong regional location and substantial landholding will underpin long-term value.

Traralgon Lifestyle Village is being offered for sale together with Cooroy Village and Sugar Coast Village in Queensland. The assets are for sale in-one-line or individually via an Expression of Interest campaign, closing at 4pm on Thursday, 12 September 2024.

*Approx.

Closing

12 September, 2024 at 4PM