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Caravan Parks & MHE's

Cooroy Village

1 Ferrells Road, Cooroy , QLD

Caravan Parks & MHE's

Cooroy Village

1 Ferrells Road, Cooroy , QLD

SOLD

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Key Investment Highlights

  • Popular over 50’s lifestyle village on the prime Sunshine Coast
  • Comprising 68 neatly presenting homes; fully occupied village
  • Site rents average $433* per fortnight ; rent roll circa $30k* per fortnight
  • Annual rental increases built into all residential site agreements
  • Profitable ‘light touch’ asset in a highly desirable location
  • Quality facilities inc. swimming pool and large community centre
  • Tranquil hinterland location; walk to town and opposite golf course

Residential Land Lease Community assets such as these scarcely come to market. This is a rare opportunity to acquire one or two superbly located over 50’s lifestyle villages that generate a highly passive income, are low-cost base and require negligible management and CAPEX. Total income of each asset has built in annual increases in perpetuity.

Approx.

Agent Details

Accommodation

Paul Nyholt

Director

Accommodation

Andrew Jackson

National Director

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