41 High Street,
Forest Lake, QLD 4078
Contact the agent
Key property information
Map of 41 High Street
High Quality Retirement Village
- Modern Vertical Village
- Inner Urban Location
- Proximity to Surrounding Amenity
• Modern vertical village located within an inner urban area, neighbouring Forest lake Shopping Centre
• Strong level or surrounding local amenity
• Affordable entry, ongoing and exit contributions
• Opportunity to continue to operate ‘as is’ or the village presents a rental village conversion opportunity
Under Instructions from Receivers and Managers FTI Consulting, JLL has the exclusive pleasure to offer for sale the Settlers Group Retirement Village Portfolio.
The Portfolio comprises the following villages;
• Settlers Ridgewood Rise - 76 Ridgewood Boulevard, Ridgewood WA
• Settlers Lakeside - 194 Old Mandurah Road, Ravenswood WA
• Settlers Rockhampton - 14 Pauline Martin Drive, Rockhampton QLD
• Settlers Forest Lake - 41 High Street, Forest Lake QLD
• Settlers Ridge Estate - 276 Cessnock Road, Gillieston Heights NSW
The portfolio, offered to the market In One Line or Individually, presents a rare opportunity in a tightly held sector to obtain an initial presence or to grow an existing portfolio.
With 5 villages across 3 states, the portfolio offers significant scale totalling 687 Independent Living Units. Each village offers strong provision of community facilities including large community centres and extensive recreational facilities. The villages offer mature cashflows, with established resident profiles and turnover delivering consistent Deferred Management Fee income.
For Sale In One Line or Individually
Expressions of Interest Closing 12PM AEDST 29 November 2019.
Property ID: 503387474Last Updated: 16 Jan 2020