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JLL - Sydney

41 High Street Forest Lake, QLD 4078

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41 High Street,
Forest Lake, QLD 4078

Development Sites & Land • Medical & Consulting • Other

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Sale - Expression of Interest

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JLL - Sydney
41 High Street
Forest Lake, QLD 4078
Noral Wild
Simon Quinn

JLL - Sydney

Level 25, 420 George Street
SYDNEY, NSW 2000

Map of 41 High Street

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High Quality Retirement Village

  • Modern Vertical Village
  • Inner Urban Location
  • Proximity to Surrounding Amenity
The property comprises 86 ILU’s including 20 studio units, 52 x 1-bed units and 14 x 2-bed units. The units are contained within two separate buildings, along with a quality community centre and outdoor BBQ area. The village was constructed in 2006 and presents to a high standard.

• 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

Agency contacts

JLL - Sydney
JLL - Sydney
Level 25, 420 George Street
SYDNEY, NSW 2000
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Noral Wild

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Noral Wild
JLL - Sydney
41 High Street Forest Lake, QLD 4078

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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