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Nambucca River Tourist Park & Nambucca Heads Lifestyle Village, 143 Nursery Road North Macksville, NSW 2447

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Nambucca River Tourist Park & Nambucca Heads Lifestyle Village, 143 Nursery Road,
North Macksville, NSW 2447

Hotel & Leisure • Development Sites & Land • Other

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Map of Nambucca River Tourist Park & Nambucca Heads Lifestyle Village, 143 Nursery Road

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Mixed-use parks with approvals in place for substantial expansion

- Currently 205 sites in total, with approvals in place for further expansion, providing for a total 269 sites on completion
- Consistent income with history of growth at both assets and further upside potential – current annual income is approximately $1.5m (FY21)
- On-site management teams in place at both parks
- Both parks present well, are within close proximity and are well located to local amenity
- The bulk of income generated is derived from permanent residents and medium-long term rentals in park owned cabin inventory
- Substantial vacant level land component with the Nambucca River park’s 11.76 hectare* landholding, currently used for a golf driving range and approvals achieved to continue expanding the asset to capitalise on ever-growing popularity of parks in this region
- Opportunity to achieve development profits upon sale of future home sites, which will then enter the passive rental pool on completion
- Nambucca Heads on the northern NSW coast is an ideal location for this style of asset, popular with tourists but also with an ageing population and firm median house prices.

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Property ID: 503841694Last Updated: 14 Nov 2021

0405 355 9...
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Nambucca River Tourist Park & Nambucca Heads Lifestyle Village, 143 Nursery Road
North Macksville, NSW 2447
HTL Property - Sydney
Level 3, 319 George Street
SYDNEY, NSW 2000
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