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Another Local Park Sale

posted Nov 24, 2019, 1:26 PM by 2MG Real FM   [ updated Nov 24, 2019, 1:26 PM ]

It’s been revealed that another Caravan park in the region has changed hands, with Ingenia’s selling off its second Mudgee Site.

 

Ingenia had previously owned both the BIG4 on Lions Drive, and the Mudgee Valley tourist park on Bell street, with the BIG4 changing hands in June.

 

Settlement on the Mudgee Valley park took place late last week, with Ingenia confirming to our newsroom the Mid-Western Regional Council has purchased the park.

 

While the sale price would not be revealed, the last time the park changed hands in 2013, it sold for $4 million dollars.

 

Late last week we asked Council what their plans for the site were, and if this would have any effect on the Riverside Caravan park, which Council also own.

 

Council would only confirm the purchase, and refused to comment on any of the other questions we asked.

 

 

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