Business ID: XB160969
Annual Rent Approx. $110,000 p.a. + GST with long term lease
A rare opportunity to acquire a fully leased freehold caravan park property in one of Victoria's most popular regional destinations Foster, the gateway to Wilsons Promontory National Park.
Positioned on approx. 12,685 sqm of Commercial zoned land, this low-maintenance investment delivers an income stream in a strategic South Gippsland location with long-term land value upside.
Investment Highlights
· Caravan Park business with an operator in place
· Approx rent income of $110,000 p.a. + GST with annual CPI increases
· Tenant responsible for outgoings
· Secure long lease
· Walkable to Foster's main street, cafes, supermarket, and essential services including South Gippsland Hospital.
· Strategic landholding in Commercial Zone next to Foster Bowling Club and Foster Showground, and close to town services
· 20 minutes to the gates of Wilsons Promontory and
· Surrounded by rapidly growing regional tourism and lifestyle migration
Capital Growth & Future Potential
· Value-add potential through future redevelopment (STCA)
· Rare coastal regional asset class with increasing demand from SMSFs and private investors
· Benefiting from rising land values and infrastructure investment in South Gippsland
Asking Price : $2,600,000 (negotiable)
Property Code: 4359
