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Land/Development in Toukley, NSW31 James Rd

31 James Road, Toukley, NSW 2263
31 James RoadToukley NSW 2263 AUS
-33.261444 151.541677
For Sale - $700,000
  • Land area 0.69 acres / 2781 sqm

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Fully Occupied Retirement Village

Property ID 1988708
Ray White Commercial NSW in conjunction with Ray White Newcastle are pleased to offer for sale.

Strategically occupying a corner site in the picturesque sea and lakeside town of Toukley, in the heart of the Central Coast, the subject property is an easy commute to both Sydney and Newcastle. The land is improved by the Toukley Waters Village for retirement living, currently fully occupied, with residents whom have 99 year leasehold interests in the property.

The freehold owners of the land are seeking a sale of the freehold land to an investor or owner operator who can benefit from the following highlights:

• 20 individual, fully self contained retirement units
• Deferred management fees (accrued annually), with an estimated current accrual in excess of $900,000.
• Low maintenance costs (full details provided on request)
• 500m* to Toukley Town Centre

For more information please contact the below exclusive selling agents below:

Samuel Hadgelias
Associate Director
Ray White Commercial NSW
Sydney CBD
0403 254 675

Darren Penn
Director & Sales Manager
Ray White Newcastle
Lake Macquarie
0424 740 463

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.