MQ & Associates Brokers Ray Larkin & Jeremy Cusack settled the sale of the Gunnedah Tourist Park, Gunnedah Freehold Going Concern for $1,950,000.
MQ & Associates Brokers Ray Larkin & Jeremy Cusack settled the sale of the Gunnedah Tourist Park, Gunnedah Freehold Going Concern for $1,950,000.
The Park was owned and operated as a family business by Max and Amanda Smith. The 1.5ha site comprising of 15 Cabins, 41 powered sites with guest amenities.
The Park was sold to Sunshine Association Pty ltd and Gaidhu Shah who are involved with other Motel and Caravan Park interest in NSW.
The Park is trading very well with current occupancy rates above 60%. The Park offers the incoming buyers the opportunity to increase cabin numbers plus conversion to a portion of permanent lettings.
Gunnedah Tourist Park includes an inground pool, kitchen, BBQ and two amenities block. The Manager’s Residence is a well presented, spacious and comfortable 3 bedrooms with built-ins and 2 bathrooms. The Park is close to the CBD and within easy walking to shops, pubs and clubs.
The demand for Freehold Tourist Park is at the highest level ever.
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