Premium Waterfront Investment + Redevelopment Potential (STCA)
25 Wilfred Barrett Drive, The Entrance North NSW 2261

FOR SALE - AUCTION
Premium Waterfront Investment + Redevelopment Potential (STCA)

Two Shores Holiday Village - Absolute Waterfront Cabin and Caravan Accommodation
 

+ Land 10,792sqm*
+ Approved for 99 sites
+ Spanning 4 land titles
+ 150m* walk to The Entrance North Beach
+ Community pool, community laundry, amenity's block, undercover BBQ area
+ Sold as a GST free going concern. (Subject to Individual accounting & legal advice)
+ Gross Annual Income $1.377M FY21
+ Zoned R2 Low Density Residential

+ Gross income YTD $1.43m* (as currently recorded)


THE OPPORTUNITY

25 Wilfred Barrett Drive is set over 10,792sqm* of level waterfront land on 4 land titles.

Located on the beautiful shores of Tuggerah Lake and surrounded by breathtaking surf beaches and National Parks, the Holiday Village provides ideal accommodation with comfortable cabins and great sites for caravanning and camping.

The property, currently operating as a cabin and caravan park, combines 99 approved sites. Trading as Two Shores Holiday Park, the property is being sold as a going concern. The incoming purchaser will benefit from consistent holding income from long-term loyal patronage.

An opportunity exists to significantly increase the profitability of the business by increasing the number of on-site caravans and cabins.
 
FULL DETAILS

For full details and to request the IM for this opportunity, please contact exclusive agents:

 

Brad Hillier
M: 0405 371 109
E: brad.hillier@nextcommercial.com.au

 

Anthony Bray

M: 0419 322 233

E: anthony.bray@nextcommercial.com.au

AUCTION

The property will be sold via Public Auction at AuctionWorks, 50 Margaret Street Sydney on Tuesday 17 May, 2022


* (approximately)

Brad Hillier 0405 371 109
Anthony Bray 0419 322 233