Eureka Group to Acquire Queensland Caravan Park for AU$5.3 Million

MT Newswires Live

May 02

Eureka Group Holdings (ASX:EGH) will acquire Burrum River Caravan Park in Queensland for AU$5.3 million, according to a Friday filing with the Australian bourse.

The park includes 55 manufactured homes, 37 powered caravan sites, which the company plans to convert into long-term rentals, subject to council approval, the filing said.

The company targets a five-year unlevered internal rate of return of 17.3% under certain assumptions, the filing added.

Settlement of the acquisition is expected before the end of the fiscal year.

Shares of the company rose past 1% in recent Friday trade.

Price (AUD): $0.49, Change: $+0.0050, Percent Change: +1.04%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2532856581"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2532856581\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2532856581?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-02 09:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2532856581","market":"fut","top_or_hot":-1,"title":"Eureka Group to Acquire Queensland Caravan Park for AU$5.3 Million","media":"MT Newswires Live","content":"<html><body><p> Eureka Group Holdings (ASX:EGH) will acquire Burrum River Caravan Park in Queensland for AU$5.3 million, according to a Friday filing with the Australian bourse.</p><p>The park includes 55 manufactured homes, 37 powered caravan sites, which the company plans to convert into long-term rentals, subject to council approval, the filing said.</p><p>The company targets a five-year unlevered internal rate of return of 17.3% under certain assumptions, the filing added.</p><p>Settlement of the acquisition is expected before the end of the fiscal year.</p><p>Shares of the company rose past 1% in recent Friday trade.</p><p>Price (AUD): $0.49, Change: $+0.0050, Percent Change: +1.04%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eureka Group to Acquire Queensland Caravan Park for AU$5.3 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEureka Group to Acquire Queensland Caravan Park for AU$5.3 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-05-02 09:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Eureka Group Holdings (ASX:EGH) will acquire Burrum River Caravan Park in Queensland for AU$5.3 million, according to a Friday filing with the Australian bourse.</p><p>The park includes 55 manufactured homes, 37 powered caravan sites, which the company plans to convert into long-term rentals, subject to council approval, the filing said.</p><p>The company targets a five-year unlevered internal rate of return of 17.3% under certain assumptions, the filing added.</p><p>Settlement of the acquisition is expected before the end of the fiscal year.</p><p>Shares of the company rose past 1% in recent Friday trade.</p><p>Price (AUD): $0.49, Change: $+0.0050, Percent Change: +1.04%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7133","symbol_name":"房地产经营公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2532856581","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532856581","pubTimestamp":1746149307,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Eureka Group Holdings  will acquire Burrum River Caravan Park in Queensland for AU$5.3 million, according to a Friday filing with the Australian bourse.The park includes 55 manufactured homes, 37 powered caravan sites, which the company plans to convert into long-term rentals, subject to council approval, the filing said.The company targets a five-year unlevered internal rate of return of 17.3% under certain assumptions, the filing added.Settlement of the acquisition is expected before the end of the fiscal year.Shares of the company rose past 1% in recent Friday trade.Price : $0.49, Change: $+0.0050, Percent Change: +1.04%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7133":"房地产经营公司","BK7164":"房地产运营公司","EGH.AU":"EUREKA GROUP HOLDINGS LTD"},"translate_title":"尤里卡集团将以530万澳元收购昆士兰房车公园","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGH.AU":0.9},"content_text":"Eureka Group Holdings (ASX:EGH) will acquire Burrum River Caravan Park in Queensland for AU$5.3 million, according to a Friday filing with the Australian bourse.The park includes 55 manufactured homes, 37 powered caravan sites, which the company plans to convert into long-term rentals, subject to council approval, the filing said.The company targets a five-year unlevered internal rate of return of 17.3% under certain assumptions, the filing added.Settlement of the acquisition is expected before the end of the fiscal year.Shares of the company rose past 1% in recent Friday trade.Price (AUD): $0.49, Change: $+0.0050, Percent Change: +1.04%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}