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Brisbane firm buys Victoria's Nagambie Lifestyle Park for $11M, expanding regional housing amid rising demand.
The Nagambie Lifestyle Park in Victoria has been sold for over $11 million to the Brisbane-based Eureka Group, an ASX-listed company expanding its regional lifestyle village portfolio.
The 4.37-hectare site, near Lake Nagambie and the Goulburn River, includes 155 residential and rental sites with over $8 million in recent upgrades.
The acquisition reflects a growing trend of corporate investment in rural tourist parks, shifting focus from tourism to affordable, long-term housing amid rising demand and regional shortages.
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La firma de Brisbane compra el Nagambie Lifestyle Park de Victoria por $11M, expandiendo la vivienda regional en medio de una creciente demanda.