Real Estate Australia

Community Recreation Centre with potential for a higher use.
$10,000

  SOLD  

Property Location: 11 Lucy Street Cambooya - Toowoomba - QLD

Listing Id: R2-1505764  

Land

Size: 4036.00 Square Mtr Approx

Description: Being presented for sale is the Cambooya Bowls Club located on two titles one of which is a Term Lease current for 30 years expiring 13/10/2045 and the other being a freehold allotment. The purpose of the lease is for recreation purposes and since 1985 has been used as the Cambooya Bowls Club which has now closed down. The two titles total 4,036m2 and the green, shed, bore and the majority of the club house are located on the Term Lease. The timber and brick clubhouse is in very good condition and comprises a kitchen, dining/reception area, and bar area. The kitchen is large with an island bench top, large gas cook top and electric oven , second gas cook top, two separate sinks, a "Washtech" dishwasher and generous benchtop and pantry space. The large dining/reception open area has brick and timber walls, 6 ceiling fans, wall mounted colour television, and access to Ladies and Gents toilets (Gents with a shower). The separate bar area has a cold room, bar stools, beer taps and a store room. The green accommodates 8 rinks and has lights for evening activities. The shed houses the bore which pumps to a tank and supplies the water for the green. Under the terms of the lease this property is essentially for use as a non for profit organisation for recreational purposes however at the asking price is an absolute bargain. Once purchased, potential also exists to convert the lease to freehold which would then allow the existing lease area to be used for any permitted purpose and not be restricted to the existing lease conditions. This is an opportunity to maintain essentially what is a community based recreation property (not restricted to bowling) or acquire the existing land and improvements with the potential for a higher use. An absolute bargain which ever way you look at it.

Community Recreation Centre with potential for a higher use.
$10,000

Contact Clifton Real Estate Today!!!

Contact Rod Williams
Phone 0409 271 794

Property ID:R2-1505764