"Talk to someone who's paying attention" . . . .

Sales and Purchases

Investments

Independent Licenced Real Estate Agent 07) 5594 1282 or 0403 050 255 or 0432 931 337 Fax 07) 5594 1292

Consultancy

Solutions

E: terrymcmiles@bigpond.com W: www.terrymcmiles.com

Home Office : 52 Hickey Way Carrara QLD Gold Coast  4211

About Terry

Greenhills Caravan Park, Murwillumbah - now just $1,650,000

Buying

Selling

Contact Terry

Home

Hard work done! The current fastidious owners of this 2.8 hectare(7 acre) Caravan Park have spent a considerable sum of money over the past 5 years on non reoccurring capital items/ expenditure. This Park & grounds now in absolutely "tip-top" condition and more important, easily able to be maintained that way

Currently, powered sites number 59 (plus 10 tent sites) and there are 3 self contained Units. There is development consent for this to increase to 122 sites (50% being able to be used as permanents) plus 25 tent sites. The Park  currently has 22 Park owned on site Vans, plus 5 Owner Vans. Total permanents are the 5 Owner Vans, 10 of the Park owned Vans, plus 1 Cabin & 1 Unit (in addition to the 3 Units there are 5 Cabins) The Owners have chosen to restrict permanent lettings even though there is a strong demand.  The unused Park owned Vans have the (almost immediate) potential to increase current "bottom line figures by an extra $80,000 per annum if used as permanent accomodation . . . . with still more scope to accept additional permanent owner Vans!

Managers Residence is 40 plus squares, easily configured as 2 Flats with Office & shop area below. Positioned to see all over the Park it has ample workshop area & Garages plus private yard.

More about Potential.  There is no dedicated internet site for "Greenhills" and bookings come from (in order of volume as stated in most recent performance report):   Road Signs, Referrals, Repeat Customers, NRMA, Tweed Tourism.    An escalation in Holiday bookings would be expected simply by the addition of a well connected dedicated internet site.  This should be considered "a must" by any accomodation providors in this day and age.

The amenities block,  Bar-b-que, laundry, pool & Rotunda, plus  Vans are all immaculate. Internal Roads and road signage are excellent. Over 350 trees have been planted to the borders over the past 2 years. The very strong level of referrals and repeat Customers are testimony to this Parks fast spreading reputation for excellence

SUMMARY: There is still excellent immediate scope for improvement by welcoming permanents and adding a dedicated web- site for increased exposure to the Tourist / Holiday trade, both of these strategies at negligible cost. Then there is further scope for improvement by building the extra pads & taking the Park to its maximum earning potential.    Excellent financial records are available to genuine purchasers as are full inventories of all inclusions.

Since a reduction in price from M$1.9 this property has attracted much enquiry. For personal reasons the owners are now keen to sell. They plan to retire and travel the Country in a luxury Van.                  This opens up an opportunity for a new owner to take the Park to the next level.    There is huge scope for continuing growth. The Park is in a 1 in a 100 year flood prone area, there is no record at Council of it flooding, but with this notation, the Park cannot be transformed into a mobile home Park.  All Vans must be capable of being moved should a flood ever occur.   It's future is therefore as a Caravan Park. With Caravan & Mobile home registrations at all time records, and this coupled with an overall reduction in Caravan Park numbers, the future for business growth in dedicated Caravan Parks is assured. The new sites can be brought "on line" as needed and funded out of trading profits as there are no other Capital works required. It is rare to find a well run Caravan Park  in immaculate condition which still has so much scope for improvement and Capital Gain . . . . . This Park is highly recommended. Note as of August 2007 . . . . . This property is UNDER CONTRACT ! . . . . sale negotiated by Terry