The property was DA approved in 2002 with the first Villas commencing in 2003 and the last one completed in 2013. The boutique 36 villa retirement village is best described as spacious, easy to manage and very well maintained.
The business and property would only likely suit suitable acquirers who have a deep valuation method and understanding of retirement village income forecasting.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
- Well-established with strong residency and future departure fees
- A waiting list for future potential purchasers
- The business is managed at arm’s length with 1 part-time caretaker
- Very low entry costs making this village and location very desirable
This opportunity is by Expressions of Interest. A request for a confidentiality agreement is the first step and can be done by going to https://www.merchantbrokers.com.au/business/over-55s-retirement-village/
