2050 Princes Highway, Nowa Nowa, VIC 3887 | Commercial for sale | OnTheHouse
FOR SALE
$90,000

2050 Princes Highway
Nowa Nowa VIC 3887

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20234m2
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LEASEHOLD CARAVAN PARK & HOSPITALITY BUSINESS – EAST GIPPSLAND WATERFRONT OPPORTUNITY

Mingling Waters Caravan Park presents a unique leasehold opportunity to acquire a well-established tourism and hospitality business in one of East Gippsland's most picturesque waterfront locations.
Positioned on the tranquil Nowa Nowa arm of Lake Tyers, just 15 minutes from the thriving coastal hub of Lakes Entrance, the business offers a diverse mix of accommodation alongside a licensed cafe/bar, attracting couples, families, groups and independent travellers year-round.
Set against a stunning riverside backdrop, the business enjoys a strong reputation, loyal repeat clientele and excellent appeal for both individual stays and exclusive-use group bookings, providing flexibility across multiple income streams.
Mingling Waters benefits from its proximity to key regional attractions, including the East Gippsland Rail Trail, Stoney Creek Trestle Bridge, renowned mountain bike trails, and a range of outdoor activities such as boating, kayaking, fishing and bushwalking-positioning it as a gateway to the region's sought-after lifestyle experiences.
The business is currently operated under management and presents an ideal opportunity for an owner-operator to further enhance performance. A comfortable four-bedroom residence adjoining the cafe/bar allows for convenient on-site living, offering the ability to take a hands-on role in operations while enjoying an enviable lifestyle setting.
Key Features:
- Leasehold caravan park and hospitality business
- Prime waterfront location on Lake Tyers
- Diverse accommodation offering
- Licensed cafe/bar with established patronage
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Property Details for 2050 Princes Hwy, Nowa Nowa

Building Type
Commercial
Land Size
20234m2
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About Nowa Nowa 3887

The size of Nowa Nowa is approximately 237.9 square kilometres. There are 2 parks, covering nearly 97.3% of the total area. The population of Nowa Nowa in 2016 was 194 people. By 2021 the population was 199 showing a population growth of 2.6% in the area during that time. The predominant age group in Nowa Nowa is 60-69 years. Households in Nowa Nowa are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Nowa Nowa work in a professional occupation.In 2021, 79.00% of the homes in Nowa Nowa were owner-occupied compared with 70.90% in 2016.

Nowa Nowa has 195 properties. Over the last 5 years, Houses in Nowa Nowa have seen a 34.94% increase in median value, while Units have seen a 186.08% increase. As at 31 July 2026:

  • The median value for Houses in Nowa Nowa is $501,638 while the median value for Units is $262,833.
There are currently 2 properties listed for sale, and no properties listed for rent in Nowa nowa on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Nowa nowa.

Suburb Insights for Nowa Nowa 3887

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Matt Baylis
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KING & HEATH FIRST NATIONAL - Bairnsdale
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.