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Sold on 18 Sep 2020

7 Catherine Crescent Lavington NSW 2641

  • Hotel, Motel, Pub & Leisure
  • 86,400 m²
  • Sold

MIXED-USE CARAVAN PARK ALBURY

  • 103 site mixed-use caravan park
  • Conversion opportunity
  • Immediate development opportunity

- 103 site mixed-use caravan park comprising 54 park / privately owned permanents, 21 varied short-term cabins and 28 varied short-term caravan sites.
- Conversion opportunity - scope to further develop the tourist component of the business, which is DA approved but not fully developed as yet or full conversion to land lease community (STCA).
- Immediate development opportunity - 27 vacant, serviced permanent sites ready to commence on and a further 13 unserviced DA approved sites.
- Relatively passive asset - the tourist section is mainly cabins, with many of the guests being repeat visitors.
- Well located in the major regional city of Albury - a strategic hub along the eastern seaboard benefiting from its proximity between Australias two largest cities, Melbourne and Sydney.
- Substantial 8.64 hectare freehold landholding site.
- Facilities include reception, office, managers and caretaker's residences, swimming pool, barbecue area, bowling green, community hall, work shed, amenity building including laundry,
dog agility / off-leash area as well as roads and services to existing sites.

For sale via Expressions of Interest.

Property Highlights

Property ID2016160199
Date Sold18 Sep 2020
Floor Area86,400 m²
Land Area8 ha
ParkingOn site parking available
Category
Last updated  12 Jan 2021
Map for 7 Catherine Crescent Lavington NSW 2641
Map for 7 Catherine Crescent Lavington NSW 26417 Catherine Crescent Lavington NSW 2641
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Property Highlights

Property ID2016160199
Date Sold18 Sep 2020
Floor Area86,400 m²
Land Area8 ha
ParkingOn site parking available
Category
Last updated  12 Jan 2021
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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