Accommodation and Tourism
Penola l SA

Freehold Park in the Heart of Coonawarra Wine Region For Sale

Situated in Penola in the South East of South Australia in the heart of the Coonawarra, South Australia's premier wine district.

Set on 1.343 ha with picturesque native trees and well grassed sites offering a comfortable relaxing experience, only 500 metres from the centre of town.

The park has 10 cabins, 20 ensuite sites and 32 powered sites, 2 Amenities blocks and coin operated laundry.  With  Solar Power and gas infinity hot water heating on all cabins, ensuites and amenity blocks the park is energy efficient and eco friendly.

Our caravan park boasts a year round income based on tourism, and supplying worker accommodation to vineyard workers, forestry and horticulture workers.

Easily managed by a couple, with an on site comfortable manager's 2 Bedroom residence with undercover outdoor entertaining area and private back yard. There is also a 3 bay garage, workshop and equipment storage area.

Average profit for each of the last 3 years in excess of 250,000 .  Return on investment averaging 16%.  Turnover per year averages $325,000.00.

There is plenty of potential to increase turnover and profit through the addition of extra cabin accommodation.

 

 

Price: $1,640,000 Freehold
Client No: W288074979

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    (Private sale, no contact by agents or marketers please.)

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