1 Isabella Drive

The property is located on Monaro Highway and Isabella Road Gilmore within the heart of Tuggeranong Valley. THE PROPERTY IS SUBJECT TO THE GOING CONCERN EXEMPTION FROM GST. THIS REPRESENTS AN EXCELLENT OPPORTUNITY FOR FUTURE DEVELOPMENT. PRICE ON APPLICATION. The holding consists of 2.9960HA (APPROX.) SITE COMMERCIAL ACCOMMODATION USE: A recent variation was registered on the title which allows for the development of commercial accommodation use' across the block. This use allows for hotel, motel and other commercial accommodation units. DEVELOPMENT APPLICATION: Another Development Application that is still active for the property is to subdivide the land into 3 parcels as per the attached subdivision plan. The blocks are identified as 'A' B' and 'C'. Each of the blocks existing purpose clause will be varied to reflect the current uses on that block and additional uses. The variations for each block and the amended purpose clauses will read as follows: BLOCK A:- COMMERCIAL ACCOMMODATION USE. Drink establishment; indoor entertainment facility and restaurant; indoor recreation. Price on Application. BLOCK B:- SERVICE STATION. 2,0000 and up to 10,000 squares meters be subdivided and sold separately to accommodate this development, take-away food shops provided that the maximum gross floor area for each shop is 250 square metres. Price on Application. BLOCK C:- Being the area covered by shared internal roads. A statutory ENVIRONMENTAL AUDIT has been conducted, and its findings endorsed by the Environmental Protection Authority. The audit states that the site is suitable for any of the use(s) permitted by its zoning CZ6 Leisure and Accommodation as detailed in the ACT Territory Plan 2008 updated on 19 August 2016 as follows: • Ancillary use • Aquatic recreation facility • Car park • Caravan park/camping ground • Club • COMMERCIAL ACCOMMODATION USE • COMMUNITY USE • Consolidation • Craft workshop • Demolition • Development in a location and of a type identified in a precinct map as additional merit • • Track development • Drink establishment • Drive-in cinema • Group or organised camp • Indoor entertainment facility • Indoor recreation facility • Minor road • Minor use • Outdoor recreation facility • Overnight camping area • Parkland • Pedestrian plaza • Place of assembly • Public agency • Public transport facility • Restaurant • SHOP • Sign • Subdivision • Temporary use • Tourist facility • Varying a lease (where not prohibited, code track or impact track assessable) zoological facility Any of the uses listed, if not already in the purpose clause, would need to be applied for through a further DA process. NB:- Two existing heritage buildings of approx. 120 square meters along with other substantial infrastructure such as internal roads and services.