Tourist Park & Fuel Station – Heart of the next mining Boom
The ultimate land holding opportunity available for the first time and your chance to cash in on the EV mining boom.
About the business.
Wavecrest Village & Hopetoun Fuel Station are a multifaceted business & Land opportunity located in the heart of what could be the biggest mining boom in years.
Comprising of large landholding with park homes, caravan park, bar & bistro, drive through bottle shop, fuel station, car wash and laundromat this opportunity has every money-making avenue you can think of covered.
Wavecrest Village, situated on a 46,800m2 landholding is a multifaceted Tourist Park inclusive of 51 Park Homes of which 38 are sold and on long term permanent leaseback arrangements providing a regular income and another 13 included as part of the Village which are utilised as holiday and corporate accommodation with forward bookings in place throughout the year.
The property has a fully established Bar & Bistro with a newly constructed outdoor beer garden and play area for children which appeals to the family market. A drive through bottle shop incorporated within this provides for a substantial additional income stream.
A number of caravan bays round out the Village offering and there is available land which had a previous Development Approval for a motel style accommodation construction for further accommodation. This was not built by the Seller and the approval lapsed however it provides a platform of growth for a new owner, especially with the expected economic activity in the area over the next 5-10 years.
Hopetoun Fuel Station
The second property, situated on a 2,269m2 landholding comprises of a Fuel Station, 3 bay Car Wash and Laundromat. The Fuel station operates solely as a start of the art self-service ‘pay at the pump’ operation selling approx. 1,000,000 litres annually.
The self-service car wash and laundromat generate additional cashflow and without the need for any labour costs it is largely a passive and high yielding investment.
There is a newly constructed (never been occupied) retail shop on the property to generate additional income or alternatively this can be leased out to an independent operator to run the shop and fuel pumps.
Hopetoun is a picturesque coastal town on the South Coast of Western Australia approximately 590kms from the city or Perth, located in the Shire of Ravensthorpe, and on the doorsteps of the world heritage listed Fitzgerald River National Park.
Economically the region is set to be a big beneficiary of the Electronic Vehicle boom in the years to come with the Ravensthorpe Nickel Mine (First Quantum Minerals) and Mt Cattlin Lithium Mine (Galaxy Resources) underpinning the region as a newly forming EV hub.
The business has been extremely well set up and thought through to make it easy to operate under management and still generate strong returns.
An astute investor will see the real value here to maximise potential whilst still generating significant returns in the interim.
Landholdings like this in coastal boom towns don’t come to market often so be quick to register your interest.
Projected yield based on 2022 financials is circa 27%.
Priced at $4,400,000 PSAV
NOTE: Hopetoun Fuel station is priced separately at $2,200,000.
Contact the exclusive broker direct:
Benchmark Business Sales and Valuations
M: 0419 198 584
T: 1300 366 521
Please ensure you have the necessary capital or equity before expressing an interest in this business.
The images shown are for illustration purposes only and may not be an exact representation of the business.