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May 2017


New 'annual' homes on site at Ingenia Holidays, Lake Conjola.

New 'annual' homes on site at Ingenia Holidays, Lake Conjola

Potential buyers already showing interest

Go-ahead given for 114
new homes at tourist park

Have your say

INGENIA Communities Group will build 114 new permanent homes at one of the premier tourism parks on NSW's South Coast.

Shoalhaven City Council has given its approval for the development and associated community facilities at the group's swish Ingenia Holidays Lake Conjola.

Ingenia bought the tourism park in September 2015 for $24 million with an ingoing yield of over eight percent.

It offers a combination of annual sites combined with tourism cabins and caravan and camping facilities.

The 377 annual and short-term sites are complemented by private boat ramps, cafe, waterslide and a children's playground.

Since taking over, Ingenia has increased the tourism accommodation with the addition of new waterfront cabins.

Sizeable permanent living precinct will
add significant value

It has also established a new 'annual' product which is being trialled at select locations within the popular waterfront destination.

Ingenia Communities chief executive Simon Owen said the opportunity to add a sizeable permanent living precinct which was complementary to but separated from the extensive holiday community would add significant value.

"The completed precinct will enhance returns from the park, generating significant permanent home rental income per annum, as well as attractive development profits," he said.

"We have already had significant interest from potential buyers through the pre-marketing done over the busy Christmas holiday period and have a display home on site which will aid in the launch of the sales program."

The permanent living precinct will include a community clubhouse and pool and will take advantage of the coastal location with proximity to boating and recreation facilities, including the adjoining Lake Conjola Bowls Club.

Ingenia has also improved the accommodation in the established tourist park with additional waterfront cabins and a new 'annual' (holiday home) product which provides quality holiday accommodation with secure garage or storage.

These new holiday homes are being trialled in prime waterfront locations and are for sale from $200,000.


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the prior written permission of Dennis Amor.

Copyright 2005 Dennis Amor
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