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Eureka Secures Mandurah Holiday Park with Development Upside
10:21am on Thursday 13th of August, 2026 AEST
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Real Estate
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Eureka Secures Mandurah Holiday Park with Development Upside
10:21am on Thursday 13th of August, 2026 AEST
Key Points
Mandurah Coastal Holiday Park acquired for $18.4 million
168 existing sites including land lease homes and short-term rentals
Approval for 66 additional land lease or rental homes
Initial yield of 7.7% and target 18.6% IRR over five years
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