Issue 35 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

PREMIUM BEACHFRONT RESERVE INVESTMENT + REDEVELOPMENT POTENTIAL (STCA)

Waterfront Tourist Park - Cabin and Caravan Accommodation • Land 7882.1sqm* • Approved for 50 sites • Spanning over 3 land titles • Zoning - SP3 - Tourist • Height limit - 16m ( approx. 5 storeys) • Offers significant redevelopment upside potential • Multiple proposed drawings available on request • Community laundry, amenity’s block, BBQ area • Sold as a GST free going concern. (Subject to Individual accounting & legal advice) THE OPPORTUNITY 18-20,22 Beach Parade & 4 Jasmine Close, Canton Beach is set over 7882.1sqm* of near level Beachfront reserve land on 3 land titles. Located on the beautiful shores of Canton Beach & Tuggerah Lakes, surrounded by breathtaking surf beaches and National Parks, the Waterfront Tourist Park provides ideal

accommodation with comfortable cabins and great sites for caravanning and camping. The property, currently operating as a cabin and caravan park, combines 50 approved sites. Trading as Waterfront Tourist Park, the property is being sold as a going concern. The incoming purchaser will benefit from consistent holding income from long-term loyal patronage. An opportunity exists to significantly increase the profitability of the business by increasing the number of on-site caravans and cabins. FULL DETAILS For full details and to request the IM for this opportunity, please contact the exclusive agent, Brad Hillier on 0405 371 109

August / September 2022 – 45

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