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$ AUD 3,800,000

FREEMANS WATERHOLE - Established Caravan Park - $3.8M - $1M Contracorp AUDC

Listing details

Description
Freemans Waterhole NSW - Established Caravan Park - $3.8M - $1M Contracorp AUDC

An outstanding opportunity exists to secure an established permanent caravan park offering enormous potential for improvement. With caravans requiring replacement and upgrades, this property presents the ideal chance for an investor or owneroperator
to revitalise the park, modernise accommodation and unlock future income growth.

100 years Heritage Listed with existing rights for 38 permanent moveable dwelling sites. Surrounded by picturesque valley of green mountains with beautiful giant trees home to a range of local fauna the property is nestled at the foot of the scenic Watagan Mountains & Mount Heaton in the Lake Macquarie Local Government area of NSW. The property has been established for over 100 years, the old well on the property was utilised as a source
of water for horses on an ancient brush track that passed through the property - hence the naming of the suburb as "Freemans Waterhole".

Located along the scenic route from Cooranbong to the Hunter Valley wine country region and within 15 minutes driving distance, visitors have access to local shopping, cafes and other tourist attractions found in the township of Cooranbong, Cessnock & Toronto.

Key Selling Features:

• 2.16ha
• 5.34acres
• Zoning - Environmental Management
• Current Business - Freemans Springs Caravan Park
• 38 permanent sites

Known as Freemans Springs Tourist Park this excellent opportunity is priced at $3.8M with the seller accepting $2.8M cash + $1.0M Contracorp AUDC

The business currently has a turnover of $430,000 per annum with figures available to prospective buyer
Common
Property for
Sale
Lot Size
5.35 ac
Garage
No
Location
Country
Australia
State/Region/Province
New South Wales
City
Cessnock
Address
Freemans Drive,
ZIP code
2323
Reference Number
RF722772

Agent Details

Agent Thumbnail
Global Property International
Agent since Sep 05, 2019
Global Property International
Lic No: 4366735

Global Property offers international real estate for sale worldwide
Personal Details
Company Name
Global Property International
Service Type
Selling a Home
Country
Australia
State/Region/Province
Queensland
City
Gold Coast
ZIP code
4217
Address
Suite 5, L3, Southport Central 3, 9 Lawson St
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