Eureka Group pay NSW South Coast caravan park - sixth acquisition in eight months

Eureka Group pay NSW South Coast caravan park - sixth acquisition in eight months

Eureka Group Holdings has snapped up Coral Tree Lodge at Greenwell Point, marking its sixth acquisition in just eight months as it rapidly scales its all-age rental portfolio. The $6.7 million purchase of the 2.33ha waterfront site, 176km south of Sydney – comprising 123 sites, including 73 permanent and annual rentals and 22 motel units – delivers an 8.6% ingoing yield and follows a string of buys funded by its $70.4 million October 2024 capita…