81 Donald Road Queanbeyan NSW 2620

CRESTVIEW TOURIST PARK

* Freehold going concern caravan park
* Located only moments from Canberra City Centre
* Accommodation primarily comprises cabins and villas
* A range of facilities, plus 2 bedroom owner's residence
* Strong cashflow business delivering a net profit close to $1M p.a over the last 3 years
* Simple, cost efficient operation
* Approved for 89 sites - only 75 sites currently in operation
* Plenty of scope for upside to improve profitability
* Substantial 1.32 hectare site, medium density residential zoning - strong underlying land value
* Recent town planning advice suggests 50-70 townhouses may be possible (subject to Council Approval)

The property is being offered for sale by Expressions of Interest, closing Thursday 22nd August 2013 (if not sold prior).