Property

South East Qld Residential Village

Under Contract
Under Contract

Description

Queensland Tourism & Hospitality Brokers are pleased to present to the market an exciting opportunity to acquire this newly developed Residential Village located in the rapidly growing South East corner of Queensland.

The property is situated on 2.55 ha of land, comprising:

* Over 55's village with agreements under the Manufactured Home Act
* Approval for 26 homes
- 16 homes (constructed and sold)
- 2 homes under construction
- approval for 8 additional homes with earthworks and site preparation completed
* Large Community Centre
* Inground swimming pool
* Gazebo
* Concrete roadways
* Extensive terracing and landscaping

Key Features:

1. Income growing and will continue to do as homes are added.
2. Easily operated with minimal overheads. Can be operated remotely.
3. Fantastic margins to be made on sale of homes with attractive ongoing site rent.
4. Huge depreciation benefits available after significant capital expenditure (development commenced 2016/17)

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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