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81 Donald Road Queanbeyan, NSW 2620

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81 Donald Road Queanbeyan, NSW 2620

Hotel & Leisure
Sold Price

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Floor area

13200.0m²

Tenure type

Vacant Possession

Sold on

26 Sep 2013

CANBERRA REGION CARAVAN & CABIN PARK

CRESTVIEW TOURIST PARK

* Freehold going concern caravan park
* Located only moments from Canberra City Centre
* Accommodation primarily comprises cabins and villas
* A range of facilities, plus 2 bedroom owner's residence
* Strong cashflow business delivering a net profit close to $1M p.a over the last 3 years
* Simple, cost efficient operation
* Approved for 89 sites - only 75 sites currently in operation
* Plenty of scope for upside to improve profitability
* Substantial 1.32 hectare site, medium density residential zoning - strong underlying land value
* Recent town planning advice suggests 50-70 townhouses may be possible (subject to Council Approval)

The property is being offered for sale by Expressions of Interest, closing Thursday 22nd August 2013 (if not sold prior).

Property ID: 500808767Last Updated: 20 Sep 2017

+61 *** ***
81 Donald Road
Queanbeyan, NSW 2620

Agency contacts

CBRE - Hotels

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CBRE - Hotels

Level 21, 363 George Street
SYDNEY, NSW 2000
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Andrew Jackson
CBRE - Hotels
81 Donald Road Queanbeyan, NSW 2620

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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