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For Sale property id: 71099290

New Development located in Hallidays Point - Black Head

USD 8,949,103 + Mortgage Calculator
AUD 13,720,000

Description

LAND DEVELOPMENT OPPORTUNITY - HALLIDAYS 'S POINT

THE PROPOSAL
1. JOINT VENTURE
We provide an opportunity to enter a profitable relationship with Annsca Property Midcoast Company to build and then sell completed Turn-Key Retirement Dwellings.
A partnership and investment of up to 49% of the total investment of AU$28M with 50% ROI.

2. LAND ACQUISITION
Buy Out
New Developer can buy out Annsca Property Midcoast at AU$28M.
Will be sold with Development Approval with Stage 1 Civil Works completed.

THE PLAN
• 104 Residential Aged Care Facility (RAC)
• 96 Dwellings (Duplexes and Triplexes)
• Clubhouse, incorporating a gym, swimming pool, recreational space, and a cafe/restaurant. Medical consultation rooms.

STAGES
Stage 1
• Civil works and Roads
• 2 Villas and Clubhouse

Stage 2 to 8
• Balance of Villas
• Community spaces
• Café/restaurant
• Administration space
• Medical Consultation Room
• Community facilities

Stage 9 to 17
• Residential Aged Care Facility

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