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Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

Glen Innes, New South Wales 2370

10-Acre Freehold Development Site with Caravan Park- Glen Innes, NSW

Listing ID: 961

Glen Innes, New South Wales 2370

  • Type Business | For Sale
  • Location GLEN INNES
  • Price Freehold price: $1.2m

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1300 792 902

Business Features

The owners of this 10-acre property on the New England Highway in NSW, have made some very smart decisions here, in order to create potential-packed possibilities for the buyer.

DA approved for subdivision, the property is on 4 separate titles, and currently runs a successful caravan park on 4 acres within its boundaries.

The site has two zones: 5 acres Business B6, plus 5 acres of Residential A, so the possibilities are endless.

The owners are willing to sell the property as a whole going concern, or subdivide into separate sites for redevelopment. Alternatively, they are offering a 50% share in the freehold site, to assist in the development of this unique concept.

- Park infrastructure alone is costed at over $1.2 million and includes a full electricity grid system, 2 substations and 54 15 amp GPOs
- Caravan park rezoned to allow for a Strata Titled Mobile Home Village, with all planning approvals accepted by Council
- Other uses that could be approved on the site include a motel, service station or strata title retirement village
- Currently going through the survey stage, with pre-sales advertising in place
- The site allows for approx 10,600sqm residential freehold allotments, to be sold individually
- Plus a further 50+ strata titled transportable home village sites, to be sold in 5 stages of 10 strata titled homes per stage
- Average cost of sale homes will be between $150,000-$185,000
- Profit from both sale of the land, and homes
- Current return is approx $75,000 net (before tax)

Freehold price: $1.2m

LOCALITY ( get directions )

Glen Innes, New South Wales 2370