2143 Princes Highway, Swan Reach, Victoria
Riverside Village, Swan Reach
Expression of Interest closing Wednesday 30 April
Business Description
Key Investment Highlights:
• DA Approved opportunity to expand current Land Lease Community
• Upon completion the property is proposed to include a 182 site Manufactured Home Estate with resort-style facilities
• Vibrant regional town, compelling demand drivers; 306km to Melbourne
• Established long-term park generating holding income
• 5.14ha freehold site + large asset base upon completion + potential depreciation benefits
• De-risked project noting DA approvals in place
• Strong 50,000+ population of which 53% is over 50 years – retiree lifestyle destination
Business Summary
Key Investment Insights
1. DA approval in place for expansion of current Land Lease Community.
2. Proposed 182 site Manufactured Home Estate with resort-style facilities.
3. Located in a vibrant regional town with strong demand drivers.
4. Established long-term park generating holding income.
5. Large 5.14ha freehold site with potential for depreciation benefits.
6. De-risked project with all necessary approvals in place.
7. Strong population of over 50, with 53% of the population in the target demographic for a retiree lifestyle destination.