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CRE Brokers have been appointed by the Receiver Manager to sell the leasehold interest in this established caravan / cabin park which is located in the historic township of Castlemaine, Victoria.
The caravan / cabin park business is secured by a long term lease that with options for further terms expires in June 2044 (almost 21 years).
The caravan / cabin park is located prominently within a few minutes' walk of the centre of Castlemaine, which offers a great array of shops, cafes, pubs and supermarkets.
The caravan park has a land area of approximately 5,789 m2 and is zoned General Residential Schedule 1 (GRZ1) under the Municipality of Mount Alexander Planning Scheme.
This caravan park was established in 1970's and over the years it has become more of a cabin park catering for semi permanents. Park improvements include:
• A reception / office, manager's residence, first floor level accommodation rooms
• 2 x brick former squash courts
• Guest Swimming Pool & Camp Kitchen
• An amenities building with separate male & female facilities and guest laundry.
Park turnover for the Financial Year ending 30 June 2023 was in excess of $525,000 (ex GST).