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DealProspect/Listings/Hospitality & Tourism

Coastal Tourist Park Near Beach, New Lease

Holiday Park

ActiveHospitality & TourismB2C
Asking price
~$304,470
est. from comparable listings of this type and size · typically within ±50% · AUD
Revenue
$900,000
TTM
Earnings (est.)
~$249,660
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.2×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Coastal tourist park situated within 150 metres of the beach
  • 5 motel rooms, 6 villas and 11 self-contained cabins with kitchen facilities (4 newly installed)
  • 32 budget rooms, 28 powered sites plus 6 onsite caravans
  • Camping area, inground pool, camp kitchen and entertaining area
  • Amenities block and laundry, situated on 2.75 acres
  • 4 bedroom 2 bathroom residence plus additional 3 bedroom 1 bathroom residence
  • Office and reception with internal access to residence
  • New 30 year lease available with low annual rental
  • Operated under management; trading improving each year