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25 Wilfred Barrett Drive
The Entrance North NSW 2261
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Sold on 1 Jul 2022

25 Wilfred Barrett Drive The Entrance North NSW 2261

  • Other
  • 10,792 m²
  • Sold

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 $1.43M FY21
    + Zoned R2 Low Density Residential

    + Gross income YTD $1.15m* (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 Brad Hillier on 0405371109

    AUCTION

    The property will be sold via Public Auction at AuctionWorks, 50 Margaret Street Sydney on Tuesday 10 May, 2022

    DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Ray White Terrigal does not represent the accuracy of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

    Property Highlights

    Date Sold1 Jul 2022
    Floor Area10,792 m²
    Land Area1.08 ha
    ParkingAsk Agent
    Property ID2018076649
    Category
    Last updated  19 Sep 2022
    Map for 25 Wilfred Barrett Drive The Entrance North NSW 2261

    Property Highlights

    Date Sold1 Jul 2022
    Floor Area10,792 m²
    Land Area1.08 ha
    ParkingAsk Agent
    Property ID2018076649
    Category
    Last updated  19 Sep 2022

    Listed by

    Brad Hillier
    Urban & Coastal Real Estate
    Call
    0405 371 109

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