215 Bolivar Road,
Burton, SA 5110
Medical & Consulting • Other
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Map of 215 Bolivar Road
SOLD - Newly built retirement village
- Newly built boutique village of 27 ILUs
- Immediate capital return opportunities
- Scope to increase yield
Colliers International is pleased to reoffer for sale this well presented, newly constructed retirement village comprising of 27 independent living units with communal facilities encompassing a community centre/clubhouse, landscaped grounds and extensive visitor parking, plus potential scope to increase the yield through the construction of three additional units (stcc).
Set amongst well established residential properties and with retail, medical services and public transportation all within close proximity, the village is well positioned to take advantage of both proven and future resident demand.
Sited on an allotment of 11,600 sqm, the retirement village has very extensive frontage to Bolivar Road of some 155.86 metres, with a wide and well landscaped council maintained nature strip providing generous separation from the road.
Built in stages, the retirement village has only been recently completed with two newly built units and an additional display unit yet to be occupied and offering the successful purchaser the ability to generate prompt capital returns. In addition, the potential scope to increase the yield through the construction of three additional units on the site provides a further opportunity (stcc).
The offering will appeal to buyers seeking a proven and modern retirement village opportunity that offers exposure to a strong demographic profile in an expanding growth region.
Set amongst well established residential properties and with retail, medical services and public transportation all within close proximity, the village is well positioned to take advantage of both proven and future resident demand.
Sited on an allotment of 11,600 sqm, the retirement village has very extensive frontage to Bolivar Road of some 155.86 metres, with a wide and well landscaped council maintained nature strip providing generous separation from the road.
Built in stages, the retirement village has only been recently completed with two newly built units and an additional display unit yet to be occupied and offering the successful purchaser the ability to generate prompt capital returns. In addition, the potential scope to increase the yield through the construction of three additional units on the site provides a further opportunity (stcc).
The offering will appeal to buyers seeking a proven and modern retirement village opportunity that offers exposure to a strong demographic profile in an expanding growth region.
Property ID: 502900522Last Updated: 3 Nov 2019
04142320...
215 Bolivar Road
Burton, SA 5110
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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