Mutli-purpose Moama accommodation venue Perricoota Station is for sale and the subject of an eight-week expression of interest campaign.IVY WISE March 26, 2014 4:20am
The heritage-listed Perricoota Station is up for sale.
Owner Mark Evans, who bought the Moama property in September 2010 and spent millions renovating it, said it was time to sell.
‘‘Perricoota has been my 100 per cent focus for the last three-and-a-half years and I have other properties in Melbourne and Queensland I’m committed to,’’ the developer said.
‘‘I also have a family to think about and I don’t have a life at the moment.
‘‘I want to travel and not have to work so hard.’’
He has not put a price on the 121-hectare property, which has been listed with Elders Real Estate under an eight-week expression of interest campaign.
‘‘I don’t know how much it will go for. It’s worth what a buyer wants to pay for it,’’ he said.
Mr Evans said he was not sad about selling, despite the fact he had spent two years transforming the property into a multi-purpose accommodation venue catering for weddings and functions.
‘‘Perricoota was always always a lifelong dream and challenge. It was never about the money and having reached that point, I need to take the next step,’’ he said.
‘‘I smile every time I look at it and I know Perricoota will go on and grow and become a huge part of the community.
‘‘As for weddings and functions, we’ve only hit the tip of the iceberg.’’
Mr Evans said there were no conditions of sale and the new owner had the opportunity to grow the business.
‘‘Our future bookings are enormous. We have one to two weddings a week,’’ he said.
‘‘I expect interest to come from the eastern seaboard, either from a hotel, resort or wedding group.
‘‘Or it could be from a person with a lot of money or super and wants it for nostalgic reasons.’’
Elders Real Estate agent Wayne Eeles said he expected a lot of interest in the property.
‘‘I’d expect it to be worth double what he paid for it,’’ he said.
The property has more than 12 buildings, including a 151-year-old homestead, cob and stables, packing shed, weatherboard house and art-deco house.
Perricoota Station was first settled in 1843 by James Maiden who in 1846 established a punt to operate between Moama and Echuca.
A former priest and teacher at St Colman's in Shepparton has pleaded guilty to sexually assaulting a 13-year-old student in 1970.
Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
Echuca Lion Ken Walter has been presented with the International President’s Medal.
Rochester Tigers take on Rochester United today in the Goulburn Murray Cricket Twenty20 match.
Sorting future of Campaspe pools
Two primary school students have been among just 25 in Victoria to be awarded the Prime Ministers NAIDOC Medal.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
Pre-schools in Heathcote and Colbinabbin will benefit from grants announced last week.
Moira Shire Council says 36 cents of every dollar spent on staff costs is 'not an unusual number'.
Works on Edward River Beach to Beach Walk to be completed.
Further redundancies at Victoria’s largest rural water corporation, Goulburn-Murray Water, are possible, with more efficiency reviews being carried out.
Rotary's inaugural Community Policing Award goes to Detective Leading Senior Constable Jenny Parker for her work above and beyond her duties working with victims of sexual abuse.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.