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Caravan Parks & MHE's

Tuggerah Shore Caravan Park

Cadonia Road, Tuggerawong, NSW

Caravan Parks & MHE's

Tuggerah Shore Caravan Park

Cadonia Road, Tuggerawong, NSW

SOLD

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  • 65 permanent sites consisting of 14 cabins, 37 van and annex, 5 single vans, 7 relocatable homes, 2 vacant sites; plus 7 camp sites. 72 sites in total.
  • 60 of the sites and dwellings are park owned.
  • A consistent history of stable income, underpinned by permanent residential rents. The easily operated asset enjoys a high profit to revenue ratio.
  • FY21 Turnover approximately $662k.
  • Site size of approximately 5.2 hectares. Note, the existing park operation occupies about 1.8 hectares of the total landholding.
  • An opportunity may exist to expand the park operation and take advantage of the surplus land, particularly the 1.0 hectare portion on the Northern boundary of the site (STCA).
  • Situated adjacent to Tuggerah Lake, the park provides residents with a gated, affordable community setting, within close proximity to a range of amenities, including a small retail village and petrol station, plus medical centre; with good access to public transport.
  • Current owners have operated the park for in excess of 20 years and are looking to retire.
  • This region enjoys strong demand for affordable accommodation options. The underlying fundamentals of this asset – and the caravan park sector generally – are particularly strong.

Agent Details

Accommodation

James Carrick

Director

Accommodation

Andrew Jackson

National Director

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