Residential Village For Sale

Business description

This well established Tourist park has been recently converted to a full residential park. Its expanding in line with current high demand for "cabin" style, long term accomodation, in this rapidly expanding city on the Mid North Coast. It has existing approval for 79 sites and a current DA approval for another 58 sites to suit manufactured s/c cabins or homes. The current 4.83 hectare layout reveals ammenities, managers residence, garaging, workshop and sealed roads. It has great cash flow from van and boat storage on its undeveloped portion at present. The park is located on the main growth corridor to the city with a brand new shopping centre adjacent. Perfectly positioned amongst retirement and lifestyle villages, with the hospital and other facilities close by. The park has huge potential as a development site, and the figures from the current rent role of $45000+ per month, are proof of its potential. DA in place, so this "ready to go" property, is now for sale.

Property information

Real Estate:

Real Property Included

Living accommodation:

On Site Residence

Location:

Main road, prominent position on major entry to town, close to all facilities. Close to beaches, schools, shops, clubs, transport and more.

Other information

Expansion potential:

DA approved.

Reasons for selling:

Retiring owner

Contact the seller