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824 Thornton Road
Thornton NSW 2322
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Sold on 5 Feb 2024

824 Thornton Road Thornton NSW 2322

  • Development / Land
  • 1.88 ha
  • Sold

Income producing lifestyle park with upside

  • DA approved Caravan Park for 80 sites
  • Gross passing income $414,960* pa +GST
  • Communal facilities; pool & laundry

Lanigan's Lifestyle Living is ideally positioned on the western side of Thornton Road, only 100 metres* south of the Thornton Train Station. The Thornton Supa Centre, which houses Anytime Fitness, Bing Lee, PETQuaters, Carpet Call, Subway, and McDonald's, is located 1.4 kilometres* from the property. Thornton Healthcare, located 1.5 kilometres* to the south, is a healthcare facility that provides services like medical imaging, pharmacy, podiatrist, physiotherapy, and pathology.

The subject property comprises a partially completed manufactured home estate, known as 'Lanigan's Lifestyle Living' erected on an irregular shaped allotment with a site area of 1.88 hectares* zoned RE2 Private Recreation and RU2 Rural Landscape. The complex currently has 28 of the total approved 80 dwellings constructed together with two managers residence, common pool and laundry also finished. Whilst there is 52 dwellings to be constructed it must be noted that the relevant infrastructure, including roadway services and footings which are to service the new dwelling, have been completed. This also reduces future costs.

For Sale by Expressions of Interest l Please call agents for more information.

*Approximate.

Property Highlights

Date Sold5 Feb 2024
Floor Area2,500 m²
Land Area1.88 ha
ParkingAsk Agent
Property ID2018623811
Category
Last updated  25 Feb 2024
Map for 824 Thornton Road Thornton NSW 2322

Nearest transport* to 824 Thornton Road Thornton NSW 2322

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Train
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Property Highlights

Date Sold5 Feb 2024
Floor Area2,500 m²
Land Area1.88 ha
ParkingAsk Agent
Property ID2018623811
Category
Last updated  25 Feb 2024
Ground Floor, 18 Honeysuckle Drive Newcastle NSW 2300

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