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7 Catherine Crescent Lavington, NSW 2641

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7 Catherine Crescent,
Lavington, NSW 2641

Hotel, Motel & Leisure • Development Sites & Land

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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 Australia’s two largest cities, Melbourne and Sydney.
- Substantial 8.64 hectare freehold landholding site.
- Facilities include reception, office, manager’s 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 ID: 503504510Last Updated: 12 Jan 2021

04161804...
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7 Catherine Crescent
Lavington, NSW 2641
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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