31 James Road, Toukley NSW

For Sale

Land

Expressions of Interest

Ray White Commercial NSW in conjunction with Ray White Newcastle are pleased to offer for sale the Toukley Waters Village via Expressions of Interest.

Strategically occupying a corner site in the picturesque sea and lakeside town of Toukley, in the heart of the Central Coast, the subject property is an easy commute to both Sydney and Newcastle. The land is improved by the Toukley Waters Village for retirement living, currently fully occupied, with residents whom have 99 year leasehold interests in the property.

The freehold owners of the land are seeking a sale of the freehold land to an investor or owner operator who can benefit from the following highlights:

20 individual, fully self contained retirement units
Deferred management fees (accrued annually), with an estimated current accrual in excess of $900,000.
Low maintenance costs (full details provided on request)
500m* to Toukley Town Centre
The property is offered for sale by Expressions of Interest closing Tuesday 27 November 2018 at 3pm (AEDT).

For more information please contact the below exclusive selling agents below:

Darren Penn
Director & Sales Manager
Ray White Newcastle
Lake Macquarie
0424 740 463
darren.penn@raywhite.com

Samuel Hadgelias
Associate Director
Ray White Commercial NSW
Sydney CBD
0403 254 675
shadgelias@raywhite.com