Hume Park Tourist Resort in Good Hope is for sale under the instruction of liquidators appointed to wind up Jagim Developments Pty Ltd.
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The caravan park, about 15 minutes outside of the town on the Murrumbidgee River, has been a popular destination for water skiing and fishing. However, it has gradually fallen into disrepair, say park residents and Yass Valley Council.
The council warned of ending Jagim Developments' lease for the park in November when it found no one was looking after the day-to-day operations or managing asbestos previously buried and stockpiled on-site.
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In January, the situation improved with the council agreeing to relax legal action after the Yass-based company removed the existing park manager and promised to make improvements.
However, the park's future is now uncertain with a 'for sale' advert posted on the Caravan Park Brokers NSW website last week.
A figure is yet to be put on the sale, with broker Ken Buckley receiving only expressions of interest (EOI), but liquidator Michael Slaven said the park had a turnover of $129,000 in 2017, based on company records.
Mr Buckley said he hadn't received any EOI yet, but was optimistic there would be "half-a-dozen keen buyers" and that a syndicate of the park's nine permanent residents could make the purchase.
However, one long-term resident, who asked not to be named, told the Tribune he wouldn't be interested in buying the park and that whoever did would need to invest to restore its former condition.
He said a permanent resident had been running the park's operations, including checking people in and out since the manager left, while other residents had been taking care of the park, including mowing the lawn.
While residents may be keeping the park going, it was a struggle to attract tourists in recent times with the Murrumbidgee River almost dry, Mr Buckley said.
"There's no water, no more than a trickle to drive tourists in," he said. "Even people who own caravans and use it as a weekender aren't interested in going down."
However, the long-term resident said he wasn't worried about the sale and that water would come and go: "It's a great park," he said.
The council's director of planning Chris Berry said he was aware the lease and business were up for sale.
He said the council was happy to work with new owners, but would be drawing up a new lease. Jagim Developments' lease was to run until 2026.
The park is set on 87 acres and has 55 serviced sites and 15 campsites.