West Park Village Caravan Park

Henderson, 524 Swanson Road

Property Information

Selling freehold going concern (land, buildings chattels and business). The property has a large rental cash-flow, approx $126,000 per month, derived from approx 132 rental units including cabins, caravans and trailer homes. 
The business has a long history of profitability and is consistently occupied at above 90%. It is a huge site and while it has always been a very good cash flow business for the current vendor, there is substantial potential to increase this in the future, by redeveloping the property with more permanent housing under the current zoning. The Western Park Village is adjacent to the Ranui Domain, a public park and popular sports ground and its boundary runs from Swanson Rd through to the western railway line. It is walking distance to the Ranui railway station, the Swanson shopping village and primary school.

The park offers 33 cabins, 25 units, 51 caravans, 12 trailer homes and 13 privately owned dwellings where these owners pay ground rent.. Occupancy is consistently above 90% and the park houses over 300 people. Income has grown every year form this business.

Agent's details