23 Scott Street

Tenterfield NSW 2372

1) lovely character period home in need of refurbishment and sit's on it's own 2,406 metre title
2) a freshly renovated four bedroom home currently used as the office and manager's residence of Craig's Caravan Park.

This solid business has been operating for over 17 years and has a decent and reliable net profit. The Caravan park sits on three of the titles totalling 4,234m and has four cabins, manager's office, 17 caravan sites, amenities, power, plumbing, sewer and town water in several locations, extensive gardens and bitumen roads.

The third component is a vacant block of 6,072m with three titles with triple street frontage, all services handy and just a few minutes easy walking to the shopping centre on a walking path recently installed by council.

The basic rules of subdivision in Tenterfield are that the block needs to be a minimum of 700 metres with a frontage of 18 metres. Blocks of land are selling fast and there isn't much premium land around. When you do the math, you quickly realise the value of this property as there is scope to subdivide up to 18 blocks (STCA), two of the titles with existing houses.

Total land 12,712 metres on Seven Titles.

If you wanted to retain the business (and it is worthwhile doing that), there is enough profit to engage a manager for the park while developing the balance of the property.

Sorry, either the whole property must be sold as one parcel or the caravan park element could be sold first but no other sale configurations would be considered.

Tenterfield is a very pretty cool climate town with four distinct seasons, becoming more popular by the minute with a greatly increased level of sales and property prices in the last two years, mainly driven by the fabulous climate and value for money.

Please contact Carol Axworthy for an inspection or more information seven days on 0411 229 011.