12 MINLACOWIE RD, Port Vincent

The Port Vincent Caravan Park and Seaside Cabins is a long established business and has received local Tourism Awards for excellence in holiday accommodation. The current owners are now looking to retirement after many years in the business and are offering the freehold going concern in this popular holiday destination. Featuring freehold land with a 40 meter frontage looking over the town's south beach, the sale represents a rarely offered opportunity to continue the existing business and tap into the potential for future development of the property. The Park currently features: 6 x Deluxe cabins, 1 Spa Cabin, powered and un-powered caravan sites and considerable vacant land to expand the current facilities Situated on 1 x freehold title of prime valuable seafront land, of approx 2320 m2 with a 40 mtr frontage to South beach and 3 further titles facing Minlacowie Road (corner of Koolywurtie Rd) the total land area of the park is approx 5000m2. An office and residence for an onsite manager is provided, giving options to own the park with an employed management team. The opportunity presents itself for a future owner to bring the park up to the next level by renewing/upgrading and establishing new Cabin accommodation. Two adjacent allotments at 11 and 11A Koolywurtie Road that were part of the original park, are currently cleared of onsite caravans presenting an opportunity to build more units to expand the business (stcc). The whole of the property is zoned Tourist Accommodation. Also adjacent to the Caravan Park (and available for sale as a separate purchase) is the 'Old Port Vincent Primary School' which provides group accommodation and catering facilities targeting the school and water activities market. This property has been operated by the same vendor concurrently with the park. The 'School' is able to be purchased separately or as an extension of the sale of the Caravan Park, by negotiation. A form 2 is available for both the Caravan Park and the School (separately) to genuine purchasers (upon accepting a confidentiality agreement). *Please note, the adjacent villa is not included in the sale and Lot 604 is excluded from the sale. For more information regarding the Port Vincent Caravan Park, we invite you to visit the website: www.portvincentcaravanpark.com.au In addition, further detail of the potential growth in the Yorke Peninsula Accommodation market, to come from the expected: 1. Hillside Copper project, can be gleaned by visiting the company's website at https://www.rexminerals.com.au/hillside-project 2. Gold Hydrogen Ltd - Ramsay Project visit company website at: https://www.goldhydrogen.com.au/ramsay-project/ Inspections strictly by appointment with the selling agent Michael Nance Ph 0428 294141 All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. RLA 264895