Got this email the other day (they must have sent it out to all the CAMS clubs)
Dear Michelle,
The Motor Racing Industry Pre-Release has begun. During the month of August 2003, the Mount Panorama Resort has been discounted for the Motor Racing Industry.
This is a 'one off opportunity' to own a Strata Titled Luxury Serviced Apartment right on Conrod Straight, with prices starting from $250,000. No more camping or driving back into town during race week, you and your family or clients can now enjoy five star comforts. You may already be aware, there are no Hotels or large scale accommodation on the track and the town has been in need of luxury accommodation for years.
The rest of the year is covered, if you want a return on your investment simply put your apartment in the Resort rental pool. Rydges Hotels & Resorts are under negotiations to manage the Resort.
This is a special release of land by Bathurst Council for tourism purposes to enhance the race track, in addition the NSW State Government are spending 10 Million Dollars on major upgrades to the Pit Areas.
The Pre-Release is strictly for one month only. L.J. Hooker Real Estate will take over all sales nationally from the 1St of September 2003 for the public release.
Click here: www.MountPanoramaResort.com.au to view plan drawings of the Resort. Feel free to distribute this to other members of the Motor Industry.
So there you go...might be a nice place to hang out a few times a year...like "The Great Race" and the 24 Hour...but would it be a worthwhile investment though???