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Eureka Group Acquires Paynesville Holiday Park for AU$6.6 Million - Modern Campground
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Eureka Group Acquires Paynesville Holiday Park for AU$6.6 Million - Modern Campground
HTL Property has announced the off-market sale of Paynesville Holiday Park, a mixed-use caravan park in Victoria’s East Gippsland region, to ASX-listed Eureka Group Holdings Limited for AU$6.6 million. The transaction reflects an initial yield of 7.6% and was completed through a discreet sales process on behalf of an unlisted fund. Located about 300 kilometers east of Melbourne, Paynesville Holiday Park is positioned within the township of Payne…
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