Address available on request,
Lakes Entrance, VIC 3909
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Sold on
Map
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
Property ID: 501034351Last Updated: 21 Sep 2017
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
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Ocean Views Motel Lakes Entrance, 3300 Princes Highway,Kalimna, VIC 3909 7400 m²Hotel, Motel & Leisure • Development Sites & Land • Other
