Caravan Parks & MHE's
370 Princes Highway, Ulladulla, NSW
Expression of Interest |
Closing: 3 April 2025, 4PM
Key Investment Highlights:
Beachfront annuals holiday park with substantial redevelopment potential
Popular South Coast of NSW; within 3hrs* drive to both Sydney and Canberra
Approved for 165 sites, of which 126 are annual rentals providing stable income
Current approval for 38 long-term sites; huge scope to reposition towards a RLLC
Direct access to Racecourse Beach and just minutes to Ulladulla town centre
Facilities inc. pool, spa, playground, tennis court and 2 x amenity blocks, managers residence
Gross Revenue in excess of $1.1m* per annum, with huge scope for enhancement
Stable and passive income profile with a simple management structure
Substantial 2.62ha* landholding with direct beach access and SP3 tourist zoning
Significant upside potential with a myriad of expansion or redevelopment options
11m* visitors spending $4.14b* and staying +18,000* nights (YE Sep24) (Source: Destination NSW, South Coast Visitor Profile)
Retiree haven as evidenced by the aged demographic; +50%* are over 50yrs
Currently run under management by a corporate entity; manager residing on-site
FOR SALE BY EXPRESSIONS OF INTEREST closing Thursday, 3rd April 2025.
3 April, 2025 at 4PM
Accommodation
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