FOR SALE
$1,800,000

1831 Merriwa Road
Sandy Hollow NSW 2333

Bedrooms: 8
Bathrooms: 5
Car spaces: -
Land area: 55ac
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DA Approved 55 Acre Wedding & Function Centre

Situated in the beautiful Upper Hunter and fronting Halls Creek this 55 Acre property is fully DA approved as a wedding & conference function centre. "Ellamara" is the original giant's creek village & it still retains that old world charm which the new function centre is designed to capture & enhance. The current homes once the renovations are completed will have 15 bedrooms, 12 bathrooms, a commercial kitchen & numerous living areas & meeting rooms, as well as outdoor spaces for guests to meet and relax while enjoying the magnificent views & gardens. A new wedding chapel designed to accommodate up to 70 guests will further enhance the appeal of the property. There are also 2 sites to erect marquees for larger functions should the need arise.
Projected income to dry hire the venue is expected to be between $15,000 to $20,000 per event ($1,050,000 to $1,400,000 per year) with up to 70 events per year including 3-day weekend hire & scattered weekday hire. A full event analysis with projected income is available along with the DA Approved plans. Also, DA approved is a new 4 Bedroom, 2 Bathroom Managers Homestead & a 12 box equine facility with vet rooms, tack room, feed stores, bathrooms, kitchen & a full dressage arena. This further enhances the income potential with clients being able to house their horses while staying on site.
With abundant space the option to have Glamping tents set up along the creek will also increase the income potential of the property. There is a 33 megalitre water license from the Creek to water the grounds and 33 kilowatts of solar to offset the power bills.
Located only 2 hours to Newcastle & 3 hours to Sydney there is no other wedding & function centre of this type in the upper hunter. The potential of this property is endless & with over 2 years of work down to achieve the DA now is the time for a smart investor to finish the project & reap the rewards.

Property Details for 1831 Merriwa Rd, Sandy Hollow

Building Type
Rural
Land Size
55ac

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About Sandy Hollow 2333

The size of Sandy Hollow is approximately 51.1 square kilometres. It has 1 park. The population of Sandy Hollow in 2011 was 403 people. By 2016 the population was 162 showing a population decline of 59.8% in the area during that time. The predominant age group in Sandy Hollow is 0-9 years. Households in Sandy Hollow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sandy Hollow work in a machinery operators and drivers occupation. In 2011, 55.5% of the homes in Sandy Hollow were owner-occupied compared with 74.1% in 2016..

Sandy Hollow has 166 properties. Over the last 5 years, Houses in Sandy Hollow have seen a 116.12% increase in median value. As at 31 October 2024:

  • The median value for Houses in Sandy Hollow is $353,896 while the median value for Units is $358,456.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Sandy hollow on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Sandy hollow.

Suburb Insights for Sandy Hollow 2333

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Jay Shepherdson
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Tiffany Jts Realty
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.