For Sale – Riverfront Caravan Park
Specialist national brokerage firm HTL Property has been exclusively appointed to market the sale of Woronora Village, a Sydney metropolitan caravan park.
The public EOI campaign will be managed by Andrew Jackson and Nic Simarro.
Woronora Village is located within metropolitan Sydney, just 33kms south of the CBD. Woronora is a residential suburb within the Sutherland Shire, and is within a 45 minute drive to Sydney’s CBD. Woronora Village is beautifully positioned upon one of the many alluring bends on the Woronora River; and boasts exclusive river frontage.
“A metropolitan city location is a truly rare aspect for a caravan park, as it attracts not only short-stay tourists but can also offer long-term accommodation to people seeking affordable housing options in the region. An incoming purchaser can capitalise on both types of demand” stated HTL Property National Director, Andrew Jackson.
“And demand from both short stay and longer term occupants is extremely high in assets of this nature. Demand for housing affordability is an ever-present and ever-pressing issue for Australians, especially those living in capital cities” add HTL Property Director, Nic Simarro.
Woronora Village is approved for 62 sites. The income profile is secure, stable and relatively passive being largely weighted to permanent and longer term stays – which results in the consistently high occupancy levels being achieved.
“The Property presents neatly and provides ample opportunity for a more hands on owner operator to amplify the offering, and thereby improve the income profile” stated Simarro.
There exists a pending DA for the redevelopment of the site into a boutique Residential Land Lease Community development.
“We are seeing strong demand for mixed-use and land lease community assets, and this has resulted in steady yield compression over the last decade. An undersupply of established assets in the sector, and continuous demand has led to the next phase in the sector’s evolution; being development opportunities such as this one” concluded Jackson.
Woronora Village is for sale by HTL Property via an exclusive Expression of Interest Campaign closing at 4pm on Thursday, 30 November 2023.