Salamander Bay Village - SOLD

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Sold for 7,200,000 AUD Date of Sale: June 2014
Rooms: 209
Price Per Room: 34,450 AUD
Property Id : 30627

Salamander Bay Village comprises a mix of permanents and long term casuals. Approx. 209 sites in total. Salamander was formerly two parks that were joining which are now run as one village (these were Salamander Bay Village and Port Stephens Holiday Park) Salamander Bay Village – 108 sites (approved) Port Stephens H.Park – 150 sites (approved). Key investment highlights include; Secure Consistent Income Stream, Simple operation, long term manager in place at the village, Highly desirable location both for village residents and owner operators/managers, Potential to review current rents and possibly increase, Potential may exist to secure additional permanent residential sites and adjust the current site mix as approved; this may in turn enable Land Tax Concessions to be granted, High underlying land value and desirable residential area, Plans exist for a 7-lot sub division which may add further appeal and broaden buyer pool.

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