Walcha, New South Wales
Rare Opportunity: Retirement Village Passive Investment - 2766MHEI
MHE INVESTMENT $980,000
Business Description
- Manufactured Home Estate with Passive Income.
- 12 x two-bedroom residences paying $117 per week in Land Lease fees.
- Site fees adjusted annual to aged pension.
- Ongoing Land Lease - no renewals required.
- Current owner maintains common areas (minimal work)
- Strong New England location.
- Unique opportunity. Don't miss it!
- Contact us now for further details.
Walcha is situated in the pristine mountain area of Northern NSW, 62kms south of Armidale, 100 kms N/E of Tamworth, 180 kms west of Port Macquarie and 450 kms N/W of Sydney. The most ambient summer time temperatures one could ever wish for with a maximum of 26 deg and very little humidity. One can describe the Walcha climate as cool, crispy, clean mountain air. Spring time is an absolute blaze of pretty flowers and trees and autumn colors are a multitude of deciduous trees turning yellow, red and all in between.
Medical facilities in Walcha include a new hospital in 2006, three private doctors, a chemist shop and community help. Other facilities include two supermarkets, post office, three pubs, two motels, one caravan park, bowling club, RSL club, Men’s shed, craft shop and numerous business’ to make living easier. The CBD is two blocks of shops and offices. From the village the CBD is accessed by either driving or walking for approximately 900m.
Services include a train to/from Sydney, Tamworth and all places in between daily, a bus service week days to Armidale and a local taxi service. Flights are available from either Armidale or Tamworth to Sydney to Brisbane each day. .
Contact David Head from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2766MHEI (quote when enquiring)
Property Code: 5168
Business Summary
Key Investment Insights
1. The business is a manufactured home estate with passive income.
2. There are 12 two-bedroom residences paying $117 per week in land lease fees.
3. Site fees are adjusted annually to aged pension rates.
4. The land lease is ongoing and does not require renewals.
5. The current owner is responsible for maintaining common areas, which requires minimal work.
6. The location of the estate is in the strong New England region.
7. This is a unique opportunity that should not be missed.
8. Walcha is located in a pristine mountain area of Northern NSW.
9. The climate in Walcha is described as cool, crispy, and clean with mild summers and beautiful autumn colors.
10. The village has medical facilities, supermarkets, post office, pubs, and other amenities.
11. Services such as trains, buses, and flights are available for transportation.
12. The property ID for this business is 2766MHEI.
13. Contact David Head from Tourism Brokers for further information or to arrange an inspection.
14. The property code for this business is 5168.
