BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Auction or For Sale Now. \nOn Site Friday 11th Dec at 1:00 pm.\ nA Rare Murray River Holding -12 HA 26 Unit Motel + Conference Centre\nExc eptional Development Site (STCA) on 12 HA (30 Acres Approx ) One Title.\n\ nA 26 Unit Motel & Conference Centre. On 3.328 HA ( 8 Acres ) \n"The Horse paddock". \nVacant Land with Absolute Murray River Frontage on 9 HA ( 2 2 Acres)\n\nHeld by the Evans family for three generations\, ( since 1944 ) the property is offered on one title and features expansive river views\ , established accommodation infrastructure and significant scope for futur e development\, tourism and lifestyle uses\, (STCA) \n\nImprovements:\n\nM otel and Conference Centre -"Cadell on the Murray"\nA 26 Room Motel and Co nference Centre + 4 B/R Manages Residence.\nSecurely Leased Until 2048 \nC urrent Rent $209\,532.00\n11 family rooms\, 9 double rooms and 7 queen roo ms.\n\nRiverpoint 1703 Conference / Wedding Centre.\n\nA brick building of some 612 m2 \nA unique conferencing and meeting facility with stunning vi ews of the river.\nCommercial kitchen. \nMale and female amenities includi ng laundry and storage rooms.\nAccess ramp.\nDisabled parking. \nDisabled bathroom.\n\nThe Lease: \n\nLease: 5 Years with 3 x 5 Years to 2048 \nRent Reviews: Annual CPI /- To Market at Option \nLessee: Riv erpoint 1703 Pty Ltd.\nCommencing: 1/3/2023 \nExpiry Date: 29 /2/2028 \nTerm / Option: 5 Years with 3 x 5 Year Options To 2048.\nB ase Rent: $197\,032 P/A plus GST \nFunction Room Rent: $ 12\,500 P/ A plus GST Until 2043\nPassing Rent: $209\,532 P/A plus GST.\n\nNB: The extra $12\,500\, commenced as an extra amount of rent in December 2015 at the completion of the function centre to compensate the Evans family f or their input costs to build the function centre. It will cease in 2043.\ n\nOutgoings Payable by the Tenant. \n\nMunicipal Rates 75% \nWater Rates 100%\nLand Tax 15%\nInsurance 100%\n\nAdditional Improvements: \n\nS olar heated inground pool.\nStorage sheds.\nSynthetic tennis court.\nBitum en car parks.\n3 Undercover riverside BBQ's.\nConcrete boat ramp located o n the "Horse Paddock".\nChildren play equipment.\n\nWater / Inclusions.\n\ nTown Water.\nTown sewerage. \nSolar power.\n5 Meg Water allocation.\n\nZo ning:\n\nZoned C3 Environmental Management Zone under the Murray Local \n Environmental Plan (LE P) 2011\n\nTitle Details: \n\nPart of the Land described as Folio 1 /795 693\n\nOther Details: \n\nThe motel was built by Mr & Mrs Geoff Evans with the first three blocks opening 1984.\nAdditional 4th block of rooms open ed in July 1986 to be able to accommodate buses and larger groups.\n\nThe motel was run by the Evans family from 1984 until December 1999.\n\nIt was Leased to:\n\nI & R BOQUEST from 13/12/1999 - To 4 /5/2004\nB & M. HEA RN From 4/5/2004 - To 3/12/2019\nC&M PETERS From 3/12/2019 - To Current\n\nThe conference room opened December 2015.\nThe pool replace d in October 2015\nMotel rooms refurbished 2015\nTennis court resurfaced 2 018.\nAll maintenance was kept up to date with termite inspection every 12 months.\n\nOne of the finest Murray River properties to come to market in recent times.\nAn extraordinary opportunity awaits developers\, entreprene urs and astute investors to secure a substantial Murray River holding offe ring exceptional potential for development\, tourism and future investment . ( STCA )\nSet in a tightly held and highly sought-after location\, the p roperty is conveniently positioned close to the Rich River Golf Club and i mmediately adjoining a recently developed residential subdivision. \n\nA w onderful opportunity to provide the scale and flexibility to create someth ing truly exceptional.\n\nOffers prior to Auction Invited. \n\nTerms 10% D eposit Balance 150 Days. \n\nInspection By Appointment. \n\nGary Wood 0408 505 733 \nZoey Tye 0427 374 090 DTEND:20261211T140000 DTSTAMP:20261008T035013Z DTSTART:20261211T130000 LOCATION:On Site - Riverport 1703 Conference Room SEQUENCE:0 SUMMARY:Auction: 325 Perricoota Road\, Moama NSW UID:CRE-2021222008-Auction X-ALT-DESC;FMTTYPE=text/html:

Auction or For Sale Now.
On Si te Friday 11th Dec at 1:00 pm.
A Rare Murray River Holding -12 HA 26 Unit Motel + Conference Centre
Exceptional Development Site (STCA) on 12 HA (30 Acres Approx ) One Title.

A 26 Unit Motel & Conf erence Centre. On 3.328 HA ( 8 Acres )
"The Horse paddock".
Vacant Land with Absolute Murray River Frontage on 9 HA ( 22 Acres)

Held by the Evans family for three generations\, ( since 1944 ) t he property is offered on one title and features expansive river views\, e stablished accommodation infrastructure and significant scope for future d evelopment\, tourism and lifestyle uses\, (STCA)

Improvement s:

Motel and Conference Centre -"Cadell on the Murray"
A 26 Room Motel and Conference Centre + 4 B/R Manages Residence.
Sec urely Leased Until 2048
Current Rent $209\,532.00
11 family r ooms\, 9 double rooms and 7 queen rooms.

Riverpoint 1703 Conf erence / Wedding Centre.

A brick building of some 612 m2
A unique conferencing and meeting facility with stunning views of the r iver.
Commercial kitchen.
Male and female amenities including laundry and storage rooms.
Access ramp.
Disabled parking. Disabled bathroom.

The Lease:

Lease: 5 Years with 3 x 5 Years to 2048
Rent Reviews: Annual CPI /- T o Market at Option
Lessee: Riverpoint 1703 Pty Ltd.
Com mencing: 1/3/2023
Expiry Date: 29/2/2028
Term / Option: 5 Years with 3 x 5 Year Options To 2048.
Base Rent: $197\,032 P/A plus GST
Function Room Rent: $ 12\,500 P/A plus GST Until 2043
Passing Rent: $209\,532 P/A plus GST.
< br/> NB: The extra $12\,500\, commenced as an extra amount of rent in Dece mber 2015 at the completion of the function centre to compensate the Evans family for their input costs to build the function centre. It will cease in 2043.

Outgoings Payable by the Tenant.

Munic ipal Rates 75%
Water Rates 100%
Land Tax 15%
Insura nce 100%

Additional Improvements:

Solar heate d inground pool.
Storage sheds.
Synthetic tennis court.
Bitumen car parks.
3 Undercover riverside BBQ's.
Concrete boat ramp located on the "Horse Paddock".
Children play equipment.

Water / Inclusions.

Town Water.
Town sewerage.
Solar power.
5 Meg Water allocation.

Zoning:

Zoned C3 Environmental Management Zone under the Murray Local
Environmental Pl an (LEP) 2011

Title Details:

Part of the Land described as Folio 1 /795693

Other Details:

Th e motel was built by Mr & Mrs Geoff Evans with the first three blocks open ing 1984.
Additional 4th block of rooms opened in July 1986 to be a ble to accommodate buses and larger groups.

The motel was run by the Evans family from 1984 until December 1999.

It was Le ased to:

I & R BOQUEST from 13/12/1999 - To 4 /5/2004
B & M. HEARN From 4/5/2004 - To 3/12/2019
C&M PETERS From 3/12/2019 - To Current

The conference room opened Decem ber 2015.
The pool replaced in October 2015
Motel rooms refurb ished 2015
Tennis court resurfaced 2018.
All maintenance was k ept up to date with termite inspection every 12months.

One of the finest Murray River properties to come to market in recent times.
An extraordinary opportunity awaits developers\, entrepreneurs and astu te investors to secure a substantial Murray River holding offering excepti onal potential for development\, tourism and future investment. ( STCA ) < br/> Set in a tightly held and highly sought-after location\, the property is conveniently positioned close to the Rich River Golf Club and immediat ely adjoining a recently developed residential subdivision.

A wonderful opportunity to provide the scale and flexibility to create som ething truly exceptional.

Offers prior to Auction Invited. < br/>
Terms 10% Deposit Balance 150 Days.

Inspection B y Appointment.

Gary Wood 0408 505 733
Zoey Tye 0427 374 090

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