Tuggerah Shores Home Village

HTL Property is pleased to offer for sale the freehold going concern interest in Tuggerah Shores Home Village, a mixed-use park primarily catering to permanent residents located on the Central Coast of NSW.

Key Investment Highlights:

• Established park catering primarily to long-term residents
• Licensed for 72 sites complimented by a pool, BBQs, amenities block and more
• Current annualised gross income of approx. $1 million
• High profit ratio, stable income stream, a ‘light touch asset’
• 100% occupied with waitlist for vacancies; strong underlying housing demand
• Significant $2 million+ asset base offering potential depreciation benefits
• $1 million recently re-invested in new cabins and refurbishments
• Substantial 5.22ha freehold landholding
• 7ha of surplus land for potential future expansion/redevelopment (STCA)
• Central Coast location; easy 1.5hr drive to Sydney or Newcastle

Tuggerah Shores Home Village offers a prime opportunity to acquire an established park asset with a passive, low cost base income profile, in a coastal location and with development potential afforded by the substantial surplus land and on-going demand for affordable housing in the region.