Sunshine Coast Residential Home Park
On offer - a strong mixed use opportunity in an enviable Sunshine Coast location with significant development upside.
The property comprises two components:
1. Residential Home park consisting of:
* 31 Renovated Cottages
* 5 Residential Apartments
* Managers Office
* Swimming Pool
2. A Liberty branded service station (passive income/leased)
* Freehold and business investment with a strong value add opportunity
* Home park trading very strongly with further income growth potential (99.3% occupancy past 5 years)
* Service station income underwritten by 15 year lease + options
* Site has further development upside
* Centrally located within the thriving Sunshine Coast Region
* 1 Hour north of Brisbane
* Massive population growth in local area
* Sunshine Coast population of 350,000 approx
* Your choice to operate or run under management
FY21 full year Net Profit projection - $600,000 approx.
Sub-division in place if buyer wants to sell down one component in future.
Property is being offered in one-line or alternatively the components individually.
Auction – 10am AEST, 9 April 2021
A detailed information Memorandum is available upon request.
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
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