Fully Occupied Retirement Village
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:
Ray White Commercial NSW
0403 254 675
Director & Sales Manager
Ray White Newcastle
0424 740 463
|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.