A unique and rare opportunity to purchase a well-established Residential Village in a very central location, convenient to a variety of shopping amenities, Public Transport and much more. Situated approx. 7km South of the Bendigo Town Centre the property is to be sold as a going concern business with freehold.
Comprising of 58 serviced allotments with 56 privately owned residential assets on long term leases, a large community Centre suitable for a range of functions, and a two-bedroom managers residence all set behind a high brick fence with gated entry. The property is accessed via a service road with a Medical Centre, Dentist, Chemist and Supermarkets all within a couple of hundred meters servicing the lifestyle of on-site residents.
The business is anchored by a strong annual rent, combined with Deferred Management Commissions, set against relatively low annual expenses to assure the owner of a secure and increasing return.
Information Memorandum available upon request