Lakes Entrance, Victoria 3909
$1 million NET on further development. VENDORS TERMS.
For Sale | $6,888,000
Aged Care Caravan Park Motel
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.
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.
