* For sale by Expressions of Interest - closing 2.10.24 * Surplus to owners requirements • Large land area 49,540 sqm approx • Zoned RE 2, Private recreation - Permitted with consent - Aquaculture; Camping grounds; Caravan parks; child care facilities; Community facilities; Emergency services facilities; Information and education facilities; Kiosks; s; Recreation areas; Recreation facilities (indoor); Recreation facilities (major); Recreation facilities (outdoor); Respite day care centres; Restaurants or cafes; takeaway food and drink premises; Water recreation structures • An outstanding opportunity with future development upside (STCA). • Only 4.1km from the CBD • Improvements comprise main "club" building of 566 sqm approx., plus detached functions buildings of 155 sqm approx • Other improvements comprise 3 bowling greens, maintenance shed/s and and onsite car parking - estimated 200 spaces • A large tidal dam / retention basin to the western side of the lot is utilised with the ground lease to Hydro Golf and Putt Putt Golf. • The majority of site vacant and available for additional development (STCA) and/or continued usage /adaption of existing improvements • 3 leases in place over small portion of site allows good holding income Gross $45,000 PA approx. * Council Rates $9,652.00 PA approx, rateable value $500,000 Approx Note: Improvements relating to the Put Putt Golf / Hydro Golf, Womens Shed and recycling collections infrastructure are the ownership of the respective lessee's and excluded from the sale. arrange an inspection, please contact * Call Raine & Horne Commercial Luke Horton 0417 406 414 Shop 3, 136 William Street, Port Macquarie T : 02 6584 0544 * We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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