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Ellamara, 1831 Merriwa Road Sandy Hollow, NSW 2333

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Ellamara, 1831 Merriwa Road,
Sandy Hollow, NSW 2333

Development Sites & Land

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Sale

$2,150,000 including GST

Detailed listing

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Map of Ellamara, 1831 Merriwa Road

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DA Approved 55-Acre Wedding and Function Centre

Situated in the beautiful Upper Hunter and fronting Halls Creek, this 55-acre property is fully DA approved as a wedding and conference function centre. "Ellamara" is the original Giant's Creek village, and it still retains that old-world charm, which the new function centre is designed to capture and enhance. The current homes, once the renovations are completed, will have 15 bedrooms, 12 bathrooms, a commercial kitchen, and numerous living areas and meeting rooms, as well as outdoor spaces for guests to meet and relax while enjoying the magnificent views and gardens. A new wedding chapel, designed to accommodate up to 70 guests, will further enhance the appeal of the property. There are also 2 sites to erect marquees for larger functions should the need arise.

Projected income to dry hire the venue is expected to be between $15,000 and $20,000 per event ($1,050,000 to $1,400,000 per year), with up to 70 events per year, including 3-day weekend hire and scattered weekday hire. A full event analysis with projected income is available along with the DA approved plans. Also DA approved is a new 4-bedroom, 2-bathroom managers' homestead and a 12-box equine facility with vet rooms, tack room, feed stores, bathrooms, kitchen, and a full dressage arena. This further enhances the income potential, with clients being able to house their horses while staying on site.

With abundant space, the option to have glamping tents set up along the creek will also increase the income potential of the property. There is a 33-megalitre water license from the creek to water the grounds and 33 kilowatts of solar to offset the power bills.

Located only 2 hours from Newcastle and 3 hours from Sydney, there is no other wedding and function centre of this type in the Upper Hunter. The potential of this property is endless, and with over 2 years of work done to achieve the DA, now is the time for a smart investor to finish the project and reap the rewards.

Property ID: 504700596Last Updated: 17 Nov 2024

04384742...
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Ellamara, 1831 Merriwa Road
Sandy Hollow, NSW 2333

Detailed listing

JTS Realty - Muswellbrook
1/17 Bridge Street
MUSWELLBROOK, NSW 2333

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