Singapore  Singapore

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Listing Id: 36422 Last Refreshed: 06/05/2025 Total Views: 54 Broker Ref: 23780

$1 million NET on further development

VictoriaResorts
Asking Price: $7,900,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Excellent terms to help realise the future deveopement of this HUGE parcel of land. ( approx 6 acres )
Perfect location for retirees and a couple of minutes to walk to the centre of Lakes Entrance.
Also a perfect location for permanent residents to lease a cabin on ongoing basis.
Cabins can be sourced 2nd hand from Australia, or flat pack 2 bedroom cabins from China with modifications done here when landed.
You do the math, a possible $30,000 investment for a return of $18,200 P/A for rent. Beats buying a house or apartment !
Affordable housing is in HUGE demand and growing all the time due to immigration, and the economy in general.
Retirees may pay $150,000 for a 25 year lease and a ongoing, yearly service fee.
Potential to add 50 + cabins to this huge land parcel which is in PRIME location in a beautiful seaside town.
Above information is speculation only, and all parties must do their own due diligence before making an offer.
Please call the Agent to have a more in-depth chat on a great business strategy to develope this park on great terms !
Call Michael on 0400 645 133 - or submit an enquiry.
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