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Eureka Group Acquires Mandurah Coastal Holiday Park for $18.4m

13.08.2026 04:32 1 min 1 source РУС
Small Caps ENG
Eureka Group Acquires Mandurah Coastal Holiday Park for $18.4m
Original source: Small Caps

Eureka Group Holdings (ASX: EGH) has announced the $18.4 million acquisition of Mandurah Coastal Holiday Park, a mixed-use residential community about 70 km south of Perth. The 4.05-hectare property includes 71 permanent land lease homes, four park-owned rental dwellings, 24 cabins and motel units, and 69 powered caravan and camping sites. Approval is in place for an additional 66 land lease or long-term rental homes, which Eureka plans to develop. The purchase price equates to $110,000 per home/site, well below replacement cost, with an initial yield of 7.7% (excluding costs) and a deferred payment of $3 million due 12 months after settlement. Settlement is expected by month end.

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Aggregated by OpenVan.camp from the public sources listed below, with AI-assisted translation and summary. We always link to the original source. Machine translation may differ from the original -- check the source for important details. Images and content remain the property of their respective owners. Copyright information

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Eureka Group Acquires Mandurah Coastal Holiday Park for $18.4m

13.08.2026 Small Caps ENG Original source
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