20 Boundary Street, Port Macquarie, NSW 2444

* Appears to be highly suitable for a cabin/caravan park re-development as site has the appropriate land zoning, close proximity to town, super market close by, river closer by

* 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.