The subject property is located on Monaro Highway and Isabella Road Gilmore within the heart of Tuggeranong Valley.
The subject holding consists of a 2.9960ha (approx.) site with two existing heritage buildings along with other substantial infrastructure such as internal roads and services.
The property is currently in the process of being subdivided into 2 parcels as per the attached subdivision plan, the blocks are identified as 'A' and 'B'.
Each of the blocks existing purpose clause will be varied to reflect the uses on that block and additional uses. The existing uses are carried over into the new purposes as indicated previously. The variations for each block and the amended purpose clauses will read as follows:
Block A:
- Tourist facility
- Indoor reception centre
- Retirement village
Block B:
- Service Centre
Subject to the going concern exemption from GST.
This represents an excellent opportunity for future development.