Click to Share

Government Funded Accommodation Portfolio
Here is an opportunity to purchase a fully guaranteed income of $1,500,000 per annum, plus 100% outgoings, on the Booming Gold Coast. The established operator tenant of 17 years receives full direct Government and NDIS Funding to underpin the income stream and security of being paid.

This two-address accommodation portfolio incorporates a total of 8 buildings. The facilities are strategically located in the central Gold Coast to capitalise on the present use and within easy walking to major shopping centres, transport and medical centres.

This single tenanted offering houses approximately 120 participant/ residents, across the seven-building portfolio. The buildings include resident suites with a blend of ensuited, shared ensuite and communal bathroom facilities, commercial and domestic kitchens and laundries, many lounge and television rooms, a theatre, computer and gaming lounge and 24-hour, in-residence care.

The new 30-year Lease (in increments of 10 years), by a well-established and successful operator in Cotlew Manor, offer the freehold investor pierce of mind that their income is in good hands.

The Southport facility consists of over half an acre of medium density development unit land with 3 buildings. The Ashmore facility comprises over an acre of land with 5 buildings including a central commercial kitchen, theatre and daily medical management.

The properties are based centrally, in Southport and Ashmore, approximately 3 kilometres to Surfers Paradise, 5 minutes' drive to Broadbeach and 25 minutes' drive to the Gold Coasts International Airport.

The Gold Coast currently has a residential vacancy rate of under 0.3%. In the last Federal Budget 2021, the Government pledged a massive $30 Billion to the Assisted Living and NDIS sector. This is a very important business opportunity that will give the investor piece of mind, security of income and the knowledge of making a difference by investing in this important industry.
Lease Summary
 Lease Term: 3 x 10 years
 Lease Commencement: 1 July 2021
 Current Net Income: $1,500,000 per annum – year one
(including a Landlord management fee)
 Outgoings: 100% recoverable form tenant, paid monthly

The freehold of this amazing portfolio is for sale by Formal Tenders closing 12 noon (Est) on Wednesday the 22nd September 2021.

Call Jamie Bourke on 0417 077 277 for a details Information Memorandum.

A secure investment opportunity not to be missed.

Property Information

  • Commercial
  • QLD
  • Gold Coast
  • Ashmore
  • Healthcare
  • For Sale
  • 1 sqm