GUMBUYA PARK / 2705 PRINCES HIGHWAY, TYNONG
Huge 166ha* landholding with outstanding structural improvements including an abundance of theme park rides and high quality plant & equipment
Existing freehold property offered together with the business and related assets to be sold as a 'Going Concern'
Numerous species of wildlife, including dingoes, cockatoos, wombats, koalas, emus and various native Australian birds
A sizeable and flexible offering for buyers to consider a number of land use options be it for leisure, tourism, hospitality, or the conversion for educational purposes and agricultural uses
Excellent future development upside and/or strategic land bank opportunity
Located along the Princes Highway just 10mins* from nearby Pakenham and 50mins* south-east of Melbourne's CBD
FOR PRIVATE SALE
Duncan McCulloch
+61 416 047 484
David Minty
+61 422 564 199
James Beer
+61 416 859 565
The size of Tynong North is approximately 48.5 square kilometres. It has 5 parks covering nearly 40.7% of total area. The population of Tynong North in 2011 was 415 people. By 2016 the population was 426 showing a population growth of 2.7% in the area during that time. The predominant age group in Tynong North is 50-59 years. Households in Tynong North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tynong North work in a managers occupation. In 2011, 80.1% of the homes in Tynong North were owner-occupied compared with 79.4% in 2016..
Tynong North has 183 properties. Over the last 5 years, Houses in Tynong North have seen a 69.93% increase in median value, while Units have seen a 3.62% increase. As at 30 September 2024:
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