Milang Lakeside Caravan Park

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Business Description

Enjoy the tranquil surroundings of Milang Lakeside Caravan Park with its many trees and abundant bird life in a birdwatchers’ paradise. The park is situated on the shores of Lake Alexandrina, Australia’s largest permanent fresh water lake system, just one hour’s drive from Adelaide and 15 minutes from Goolwa.

Milang is a short drive to the premier wine growing districts of Langhorne Creek and Currency Creek. Milang is a town steeped in history from the bygone days of the Paddle Steamer trade. Once a thriving river port but now more suited to those that want to relax and enjoy the peace and tranquility of this area.

On the shores of Lake Alexandrina, you are close enough for you to walk to the Lake and town. From the moment you arrive we want you to relax. The park offers a Dump Point, immaculate amenities & laundry, disabled facilities and boomgate security.

Turnover in excess of $250,000 per annum.

Simon Winter 0419 828 689




Extended Price Information

Goodwill $600,000
Plant & Equipment (approx written down value) $60,000
Stock at valuation (approx) $2,000
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$662,000


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Staff Summary

The business engages two casual cleaners that are required on an irregular basis depending on the weather & season.

Lease Summary

Current Rent $2,387 per month + GST
Lease Term 7 years
Lease Commencement 1st July 2011
Right of Renewal 2 x 7 years
Outgoings Paid by Tenant
Adjustments CPI annually
Current Rent

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Plant & Equipment

Original Cost of Plant $198,691
Written Down Value of Plant (approx.) $60,000
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