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

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

Hotel/Leisure Land/Development Other

  • For Sale
  • Contact Agent
  • Expression of Interest

  • Land Area
  • 11.76ha (29.06 acres) (approx)
  • Floor Area
  • 1 m²
  • Last Updated
  • Sep 13, 2021

Additional Details


Interested in this property? Contact an Agent today

HTL Property - Sydney

Level 3, 319 George Street

Sydney NSW 2000

Andrew Jackson

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.

Nambucca River Tourist Park & Nambucca Heads Lifestyle Village, 143 Nursery Road, North...

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