Long term lease for hol­i­day park

Myrtleford Times - - News -

ALPINE Shire Coun­cil was last night ex­pected to ap­prove a long term lease for the man­age­ment and operation of the Myrtle­ford Hol­i­day Park.

Myrtle­ford Creek­side Car­a­van Pty Ltd, a wholly owned sub­sidiary of Sus­tain­able Park So­lu­tions were awarded the lease sub­ject to the pur­chase of as­sets and lease premium for $290,000 ex­clud­ing GST.

The 21-year lease will be­gin from Septem­ber 10 and will re­quire them to com­mence rent at $50,000 per an­num ex­clud­ing GST and com­plete cap­i­tal works over the life of the lease to the value of $1,272,629.

The Myrtle­ford Hol­i­day Park Business Plan de­vel­oped in 2014 called for a pro­gram of works to be un­der­taken over the fol­low­ing three years and a sub­se­quent mar­ket test for the long term lease of its man­age­ment and operation.

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