208-218 Elizabeth Street, Urangan, Queensland
Sugar Coast Village
SOLD
Business Description
HTL Property is pleased to offer for sale two Residential Land Lease Communities on the highly sought-after Queensland coast – Hervey Bay and the Sunshine Coast. Both assets are established Over 50’s Lifestyle Villages, together comprising 148 well-presented homes complemented by high quality facilities.
Sugar Coast Village
Key Investment Highlights
• Over 50’s lifestyle village in Hervey Bay on the Fraser Coast
• 80 well-presented homes + extensive facilities
• Site rents average $491* per fortnight ; majority paying $505* per fortnight
• Highly passive, stable and secure income profile – ‘recession proof’
• Walk to local shopping centre and beaches; 10mins* to Hervey Bay centre
Residential Land Lease Community assets such as these scarcely come to market. This is a rare opportunity to acquire one or two superbly located over 50’s lifestyle villages that generate a highly passive income, are low-cost base and require negligible management and CAPEX. Total income of each asset has built in annual increases in perpetuity.
Cooroy Village and Sugar Coast Village, together with Traralgon Village in Victoria, are being offered for sale ‘in-one-line’ or individually via an Expressions of Interest campaign closing at 4pm on Thursday, 12 September 2024.
*Approx.
Business Summary
Key Investment Insights
1. Two established Residential Land Lease Communities located in highly sought-after areas on the Queensland coast - Hervey Bay and Sunshine Coast.
2. Combined total of 148 well-presented homes with high-quality facilities.
3. Stable and secure income profile, with site rents averaging $491 per fortnight and majority paying $505 per fortnight.
4. Highly passive investment with built-in annual income increases in perpetuity.
5. Low-cost base and negligible management and CAPEX requirements.
6. Located within walking distance to local shopping centers and beaches, with easy access to major city centers.
7. Rare opportunity to acquire over 50's lifestyle villages with a strong income stream.
8. Highly desirable locations for retirees and active seniors.
9. Potential for future growth and development in the surrounding areas.
10. Offered for sale individually or as a package, providing flexibility for investors.
