12 Slaughterhouse Road Milton NSW 2538

TOURIST PARK WITH DEVELOPMENT APPROVAL FOR MANUFACTURED HOME ESTATE

* Established freehold 3.5 star caravan park
* Current revenues approximately $600K per annum, steady annual growth
* Licenced for 157 sites with a variety of accommodation types, good range of facilities
* Scope for further revenue growth through existing park business or redevelopment
* Substantial 17 acre site with balance land, 5 minutes from the beach
* Development approvals in place for 190 site manufactured home estate
* Ability to commence construction of the first 4 stages - 84 sites - without disrupting the existing tourist park business and income
* Currently run under management, opportunity for owner operators to improve bottom line

Milton Tourist Park represents an opportunity to enter the park sector at an affordable entry point -
while offering plenty of scope for upside.

The approvals in place also offer the potential to capitalise on the local demand for affordable housing by the staged introduction of more permanent sites for manufactured homes,
offering an incoming purchaser additional passive income plus the development profits on the sale of
each manufactured home.

For Sale by Expressions of Interest closing Thursday 25th October 2012.

Inspections by appointment only. To obtain further information or arrange an inspection please
contact the exclusive agent listed.