For Sale $1,600,000
98 Possumtail Run, MERRIMU VIC 3340

Freehold school camp.

GROUP ACCOMMODATION – FREEHOLD INVESTMENT
(With potential to owner-operate in the near future)

• 20 hectares of land with future potential.

• Sleeps 90 in 14 rooms

• 45 minutes from Melbourne

• Caters to a wide variety of end users

• Unique Architect designed building

• State Forest along one boundary

This iconic School Camp has been established for 35 years and is very well known with a solid reputation within the industry.

The Freehold vendors built the business around a magnificent natural stone building and started operation in 1985.

The property has been leased for the last 20 years, the Freehold vendors now wish to sell. Over this time the use of the property has diversified and recently has become a favorite venue for Bush Weddings.

The current lessees have expanded the business, which has close proximity to Melbourne, Geelong and Ballarat, and now has a very impressive turnover. Many of the customers are regulars, some having spanned over 20 years.

Supervision, safety and conviviality are all enhanced because all accommodation and facilities are within the one large building. The well-established business name will be sold with the freehold.

Private personal accommodation is available for a small family within the building consisting of 2 bedrooms, private bathroom, kitchenette and separate entrance. Alternately a purchaser could rent the impressive vendors former home on 8 Ha of adjoining land.

A third alternative is to build a new managers residence on the existing School Camp land.

https://www.sunnystones.com.au/
Please visit the above site for a virtual tour of the camp.

Specifications

General Features

  • Property Type: Tourism
  • Land area: 50 acre