OVER 55’S RESIDENTIAL RESORT WITH REMAINING HOME SITES TO DEVELOP
CBRE Hotels, as the vendor’s exclusive agent, is pleased to offer for sale the Brookhaven Village Manufactured Home Estate, located in the retirement haven of Bonville, in the Coffs Harbour region of northern NSW.
Key investment highlights include:
- 99 approved sites in total, comprising 86 long-term residential and 13 short-term.
- Partially completed manufactured home village, with 38 occupied homes and a further two sold and under construction.
- Current rents are $140 per week.
- All services and infrastructure in place to continue the build out of the village.
- Set on 13 acres of level land, within close proximity to the famous Bonville Golf Course and 14km from Coffs Harbour CBD.
- Site also comprises a 4-bedroom residence – for owners or managers.
- Resident facilities include swimming pool, covered outdoor entertaining area with BBQ, camp kitchen and landscaped grounds.
- Opportunity to achieve development profits on sale of remaining home sites, which will then enter the passive rental pool on completion.
- Bonville on the northern NSW coast is an ideal location for this product, with an ageing population and firm median house prices.
FOR SALE BY EXPRESSIONS OF INTEREST, CLOSING ON THURSDAY 20 FEBRUARY 2020.