Finborough Village & Caravan Park, 96-106 Elsie Jones Drive,
Mooroopna, VIC 3629
Development Sites & Land • Hotel, Motel & Leisure • Other
Price information
Sold
$1,055,000
Detailed listing
Key property information
Land area
Floor area
Sold on
Map of Finborough Village & Caravan Park, 96-106 Elsie Jones Drive
Business/Development Opportunity
- Development Opportunity
- Close to centre of Moooroopna
- Over 55s Village + Caravan Park
Over 55s Residential Lifestyle Village + Caravan Park
Corner of McLennan Street (Midland Highway)
& Elsie Jones Drive, Mooroopna
Land Area: 2.02 hectares (5.0 Acres). Comprising the existing caravan park and vacant land area fronting McLennan Street (Business 4) with the remaining land zoned residential encompassing Stage 1, 2 & 3 of the Over 55s Village.
Over 55s Village: 1st Stage of 19 sites has been completely developed and occupied, club house, barbeque area and swimming pool. Plus 5 self-contained flats under lease. A current Planning Permit also exists for Stage 2 with another 16 sites to be developed. Access is off Elsie Jones Drive.
Caravan Park: Separate access from the Midland Highway and comprises 25 powered sites, 2 old style cabins and Amenities block. The caravan park has huge potential to increase on current turnover!
Our Vendor is retiring and this now gives an excellent opportunity for someone to capitalise further on this development. A sound return on Stage 1 of the Over 55s Village (+ the 5 flats) with Stage 2 permits in place and the potential to increase returns on the caravan park. The 2 titles also allow for the future sale or redevelopment of the Business 4 zoned land.
Full particulars contact the selling agents.
Corner of McLennan Street (Midland Highway)
& Elsie Jones Drive, Mooroopna
Land Area: 2.02 hectares (5.0 Acres). Comprising the existing caravan park and vacant land area fronting McLennan Street (Business 4) with the remaining land zoned residential encompassing Stage 1, 2 & 3 of the Over 55s Village.
Over 55s Village: 1st Stage of 19 sites has been completely developed and occupied, club house, barbeque area and swimming pool. Plus 5 self-contained flats under lease. A current Planning Permit also exists for Stage 2 with another 16 sites to be developed. Access is off Elsie Jones Drive.
Caravan Park: Separate access from the Midland Highway and comprises 25 powered sites, 2 old style cabins and Amenities block. The caravan park has huge potential to increase on current turnover!
Our Vendor is retiring and this now gives an excellent opportunity for someone to capitalise further on this development. A sound return on Stage 1 of the Over 55s Village (+ the 5 flats) with Stage 2 permits in place and the potential to increase returns on the caravan park. The 2 titles also allow for the future sale or redevelopment of the Business 4 zoned land.
Full particulars contact the selling agents.
Additional information
External websites
Property ID: 500628911Last Updated: 12 Jun 2014
04185776...
Finborough Village & Caravan Park, 96-106 Elsie Jones Drive
Mooroopna, VIC 3629
Detailed listing
Youngs & Co Real Estate - Shepparton123 Wyndham Street
SHEPPARTON, VIC 3630
SHEPPARTON, VIC 3630
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