Moama Waters is one of Australia’s newest caravan park resorts, so it should attract strong interest from owner-operators and investors alike.
The property is being offered to the market as the sellers seek to retire, so the full property and business is for sale before the Expression of Interest closing deadline on Tuesday, September 15, 2022 until Kevin Connolly of CRE.
Developed over the past eight years to now be fully completed, Moama Waters offers state-of-the-art facilities with the property enjoying prized frontage on the Murray River (Horseshoe Lagoon) on a site of approximately 20.58 hectares (50. 83 acres).
The resort includes three “man-made” lakes, two resort pools, two amenity blocks, tennis courts, a sizable three-bedroom residence and private boat launch, and a licensed waterfront restaurant. of water that is rented.
Other accommodation includes a total of 26 villa units comprising a mix of one, two and three bedrooms, as well as another 70 private units of which 18 are in the rental pool. There are 67 self-storage sheds as well as a play area, indoor and outdoor dining areas and laundry rooms.
Mr. Connolly said the Moama and Echuca areas are popular tourist destinations, so strong interest in the property is expected.
The two river towns of Moama/Echuca are situated on either side of the mighty Murray River, approximately 205 kilometers north of Melbourne, 230 kilometers west of Albury-Wodonga and 822 kilometers south-west of Sidney. Moama/Echuca has a combined population of approximately 24,000.
Echuca is a regional commercial area, with a police station, private and public schools, motels and hotels and, of note, a large tourist infrastructure based on the Moama Bowling Club, the Rich River Country Club, the Moama RSL Club and Moama Sports. Club.
The Murray River in the historic port of Echuca/Moama has been developed on paddle steamer rides, houseboat vacation rentals, and a theme primarily of water skiing as a focus for tourism.
Mr. Connolly said Echuca/Moama has a constant influx of tourists, especially during all major long weekends, school holiday periods as well as a variety of music festivals and other major tourist events throughout the year . Pre-Covid, 2019 was a very strong year with 797,000 domestic overnight visitors – up 4.2% from the year ending March 2019. Visitors spent over 2.4 million nights in region – up 15.2% from the year ending March 2019.
“Visitors spent more than 2.4 million nights in the region, an increase of 15.2% over YE March 2019. Overnight domestic spending by visitors to the region was $388 million, while domestic day trip spending was $94 million. Total spending for this period was $482 million, an average of $1.3 million spent per day. Reference: 2019-2020 Echuca Moama and District Tourism Development Association Inc. Annual Report »
Mr. Connolly added that the station was highly successful and in a location where post-Covid has seen its popularity translate into strong national visits.
To request a copy of the information memorandum, please contact CRE Marketing Officer Kevin Connolly using the contact details below.