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Colliers International - Perth

Belswan Lifestyle Estates Portfolio Mandurah, WA 6210

For Sale - Expression of Interest

Belswan Lifestyle Estates Portfolio Mandurah, WA 6210

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Sale Price

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Land area

9.8ha (24.22 acres)

Floor area

98000.0m²

Belswan Lifestyle Estates Portfolio

  • 249 units in Mandurah
  • 89 units with additional vacant land
  • Significant communal facilities
Colliers International is excited to present an opportunity to purchase a ready to go retirement living portfolio, Belswan Lifestyle Estates.

The portfolio consists of two ideally located villages which both sit south of Perth. The two villages, Mandurah and Pinjarra offer spacious and modern seniors accommodation with generous amenities in a private community setting.

Belswan Lifestyle Estates retirement villages comprise a fully established 249 Independent Living Unit village in Mandurah and a substantially progressed village in Pinjarra with 89 completed units and DA for an additional 140.

Both villages have substantial village community facilities which include but are not limited to pools, bowling greens, library and function rooms.

OPPORTUNITY HIGHLIGHTS
•Excellent occupancy rates
•A portfolio of diversified income from recurring DMF cash flows and development profits
•Potential upside linked to the movement in residential prices and changes to DMF structure
•Multipurpose development potential on surplus land in the Pinjarra village

METHOD OF SALE
The portfolio is offered for sale by Expressions of Interest closing Thursday 22 August 2019 at 4pm AWST.

Property ID: 503257846Last Updated: 15 Aug 2019

Colliers International - Perth
Belswan Lifestyle Estates Portfolio
Mandurah, WA 6210
Henry Vu
Wayne Lawrence

Colliers International - Perth

Level 26, 197 St Georges Terrace
PERTH, WA 6000

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Colliers International - Perth

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Colliers International - Perth

Level 26, 197 St Georges Terrace
PERTH, WA 6000
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Henry Vu

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Henry Vu
Colliers International - Perth
Belswan Lifestyle Estates Portfolio Mandurah, WA 6210

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

Kind Regards,

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