A rare opportunity to acquire a fully leased freehold caravan park property in one of Victoria's most popular regional destinations Foster, the gateway to Wilsons Promontory National Park.
Positioned on approx. 12,400 sqm of Commercial zoned land, this low-maintenance investment delivers an income stream in a strategic South Gippsland location with long-term land value upside.
Investment Highlights
* Caravan Park business with an operator in place * Net income of $110,000 p.a. + GST with CPI increases * Tenant is responsible for outgoings (net lease) * Secure long lease * Walk to the town centre shops, supermarkets, cafes * Strategic approx 12,400 sqm landholding in Commercial Zone
20 minutes to the gates of Wilson's Promontory
Surrounded by rapidly growing regional tourism and lifestyle migration
Capital Growth & Future Potential
Value-add potential through future redevelopment (STCA)
Rare coastal regional asset class with increasing demand from SMSFs and private investors
Benefiting from rising land values and infrastructure investment in South Gippsland