208-218 Elizabeth Street, Urangan, Queensland
Sugar Coast Village
Under Contract / Offer
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 Over 50's Lifestyle Villages located on the highly sought-after Queensland coast – Hervey Bay and the Sunshine Coast.
2. Combined, the two assets comprise 148 well-presented homes with high quality facilities.
3. Sugar Coast Village is located in Hervey Bay on the Fraser Coast and has 80 well-presented homes.
4. Site rents average $491* per fortnight with the majority paying $505* per fortnight.
5. Highly passive, stable, and secure income profile that is "recession proof."
6. Convenient location within walking distance to local shopping centers and beaches, and only 10 minutes away from Hervey Bay center.
7. Rare opportunity to acquire one or two superbly located over 50's lifestyle villages that generate a highly passive income.
8. Low-cost base and negligible management and CAPEX requirements.
9. Total income of each asset has built-in annual increases in perpetuity.
10. Cooroy Village and Sugar Coast Village, along 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.
