LEASEHOLD FOR SALE - TOURIST PARK / CABINS - TAMWORTH AREA

Tourist Park Leasehold $1,175,000

Description: Well maintained tourist park in beautiful riverside location in boutique town - Tamworth area.

Star Standard: 4 star

Cabin Construction: 12 cabins with hardi-plank exterior and colorbond roof. Two bedroom, air-conditioned, self-contained - very well presented and maintained - look smart. 59 Powered sites

Residence: Very spacious and comfortable, air-conditioned and well presented. 4 bedrooms with built-in wardrobes, 2 x lounge rooms, big kitchen, dining, shower, toilet, small office, private yard, open parking.

Clientele: Workers, Miners, Couples, Travellers, Fossickers, Sightseers,

Tariffs:
Cabins:
Nightly $75-$160; Weekly Rate is at 6 Nights (7th Night Free)

Powered Sights:
Nightly $32; Weekly Rate is at 6 Nights (7th Night Free)

Chain Affiliation: No

Lease: Expires 2045 (25 Years)

Rent: 5% of gross turnover

Laundry: Commercial - All linen laundered on site

Services: All cabins air-conditioned and self-contained, BBQ, tennis court, amenities block, wifi, coin-operated guest laundry, ample parking, fire rated.

Turnover: 2017/18 $423,000

Nett: $225,468

Occupancy: Cabins: 50% (Only 2 Permanent Residents); Powered Sites: 30%

Land Area: 2 Hectares

Comment: Great investment - the Park is Council owned - the 12 cabins included in the sale price will be owned by the incoming lessee.

MQ Property ID:
5281823


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