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BALLARAT PARK/263 Scott Parade Brown Hill VIC 3350

  • Hotel, Motel, Pub & Leisure
  • 2 ha
  • For Sale, Contact Agent

GREENFIELD LAND LEASE COMMUNITY SITE

  • 2.906 hectare site
  • 68 homes upon completion
  • Ballarat location, large regional centre

CBRE Hotels, on behalf of Hometown Australia Communities are pleased to offer for sale Ballarat Park, located at 263 Scott Parade, Brown Hill VIC 3350.

Key investment highlights include:

- Substantial site area of approximately 2.906Ha*.

- Located at Brown Hill, closest to the Melbourne side of the Ballarat city just off the main arterial road leading into the main township. Ballarat is one of Victoria's largest regional centres and this site is easily accessed from Melbourne CBD via the freeway.

- The former caravan park is plans approved to transition into a permanent Land Lease Community. Stage one is complete, with around 15 residents already occupying part of the estate. Further development potential is available to the incoming purchaser. 68 homes on completion.

- Amenities include swimming pool, games room, BBQ area and playground. The hard work has been done, it's ready for completion of homes to enable annuity style rental income ongoing, plus potential development profits on sale of homes.

FINAL OFFERS TO BE SUBMITTED BY THURSDAY 6TH AUGUST 2020

Property Highlights

Property ID2015844826
Floor AreaAsk Agent
Land Area2 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  8 Jul 2020
Map for BALLARAT PARK/263 Scott Parade Brown Hill VIC 3350
Map for BALLARAT PARK/263 Scott Parade Brown Hill VIC 3350BALLARAT PARK/263 Scott Parade Brown Hill VIC 3350
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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