For a recent comparison the local real estate agent has a property nearby of 5 acres for $1.8 million dollars.
Currently application in for 20 sites for Caravans @ approx $275 a week. Plenty of room for up to 170 caravan sites. Not located in Lilydale, but 5 minute drive from Lilydale and less than 10 minutes from Chirnside Shopping Centre.
Absolutely beautiful views all around of countryside. A great place to live for Caravan tenants.
Massive potential for huge further growth , pending permits. Currently taking approx $3750 a week in rent from old dwellings Rent would be $9250 a week if all leased out. All caravan parks for miles around are full and you cant get a site. Possible room for a total of 170 sites @ approx $275 a week. Thats $46,750 a week !! in rent. Discuss this with the Vendor.
Yes, there is plenty of work to be done and plenty of planning that must be done. If the vision does go to plan, you will have an asset of land plus a great residual income. A meeting with the current Vendor will layout her current plans for this Park to do you own due diligence. The Vendor has succeeded in their current Business plans and time now for the Grandchildren. You will purchase a huge parcel of land ( 20 acres ) in a beautiful area close to Heritage Golf course. The scenery is stunning, second to none from the position of this property.
Close drive to Major Shopping Centres, and securing a caravan park in this area is like Hens Teeth. There is none available. Huge plans for further potential. Room for 170 sites, but these plans must be approved by council in the future. Power has been connected to the site. Majority of main road has been completed. Tennis court in and there is a dam. Toilet block needs to be built.
A meeting with the Vendor is a must, and due diligence must be undertaken by the Purchaser. Genuine buyers only please, and no Pesty Agents. Confidentiality Agreement must be completed.
Quote BSV 0668 , and call Michael on NOW!! , or submit an Enquiry NOW !!
