Address available on request,
Lakes Entrance, VIC 3909
Hotel, Motel & Leisure
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UNDER OFFER
PREMIER TOURIST PARK FREEHOLD INVESTMENT
Fantastic Family Park, in the middle of the tourist area of the town.
300m from the beach.
This excellent accommodation business freehold is returning a considerable gross yield of 7%.
With a secure long term lease, two separate titles and CPI increases, the property offers a distinct opportunity for the astute investor.
Current rental of $82,518 per annum plus GST and outgoings with balance of 25 year rental term, with the aforementioned annual CPI Increases.
Centrally located and within close proximity to surf beach footbridge and retail outlets this accommodation business comprises:
- 52 Sites
- Illawong House - 4 bedroom and 2 bathrooms
- 12 x fully self-contained cabins
- 1 x 3 Bedroom Flat
- 3 x 2 Bedroom Flat
- 2 x 1 Bedroom Flat
- Main 2 Bedroom residence with office
For further information please contact Nick Brook on 0401 215 949.
Fantastic Family Park, in the middle of the tourist area of the town.
300m from the beach.
This excellent accommodation business freehold is returning a considerable gross yield of 7%.
With a secure long term lease, two separate titles and CPI increases, the property offers a distinct opportunity for the astute investor.
Current rental of $82,518 per annum plus GST and outgoings with balance of 25 year rental term, with the aforementioned annual CPI Increases.
Centrally located and within close proximity to surf beach footbridge and retail outlets this accommodation business comprises:
- 52 Sites
- Illawong House - 4 bedroom and 2 bathrooms
- 12 x fully self-contained cabins
- 1 x 3 Bedroom Flat
- 3 x 2 Bedroom Flat
- 2 x 1 Bedroom Flat
- Main 2 Bedroom residence with office
For further information please contact Nick Brook on 0401 215 949.
Additional information
External websites
Lakes Entrance, 3909 demographic data
The median household income for Lakes Entrance is $866, 38% lower than Regional Victoria's household income of $1,386. Lakes Entrance has an older age profile compared to the rest of Regional Victoria (median age 55 vs 43). Property ownership data shows 27% of property owners in Lakes Entrance have a mortgage.
5,145
Population
$866 per week
Median household income
55 years
Median age
Owners
Most residents
Families
Most households
02 9929 89...
Address available on request
Lakes Entrance, VIC 3909
Richardson & Wrench - North Sydney66 Berry Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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