Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Lakes Entrance
- State
- Victoria
- Price
- $6,888,000
- Category
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$1 million NET on further development. VENDORS TERMS.
$6,888,000
Lakes Entrance, Victoria
$1 million NET on further development. VENDORS TERMS.
A very Lucrative Self Funding, Land Opportunity.Excellent Vendors terms,to help realise the future deveopement of this HUGE parcel of land. ( approx 6 acres )
FACT IS - Affordable housing is in HUGE DEMAND.
Perfect location for retirees and a couple of minutes to walk to the centre of Lakes Entrance.
Also a perfect location for permanent residents to lease a cabin on ongoing basis.
Cabins can be sourced 2nd hand from Australia, or flat pack 2 bedroom cabins from China with modifications done here when landed. ( see photo example )
You do the math, a possible $30,000 investment for a return of $18,200 P/A for rent.
Beats buying a house or apartment as an investment !
Or sell each cabin with a 25 year lease for approx $200,000
Affordable housing is in HUGE demand and growing all the time due to immigration, and the economy in general.
Retirees or Tenants may pay $200,000 for a 25 year lease and a ongoing, yearly service fee. - at approx $6000 P/A.
Potential to add 50 + cabins to this huge land parcel which is in PRIME location in a beautiful seaside town.
Above information is speculation only, and all parties must do their own due diligence before making an offer.
Please call the Agent to have a more in-depth chat on a great business strategy to develope this park on great terms !
Call Michael on 0400 645 133 - or submit an enquiry.
Features
Motel Information
Caravan Park Information
Business Links / Tools
Last updated: 6th May 2025
Agency
Business Brokers Network
Contact
Michael Keltie
Business Brokers Network- 0400 6....
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