Looking to buy:

Park Haven Garden Village

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$1,950,000

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About this opportunity

The current village managers have been in this great business for 10 years and JUST LOVE IT. A business partnership made up of two couples alternating four months on and four months has provided them with loads of semi-retirement benefits, it was only a 5-year plan so after 10 years all good things must come to an end and fully retire. Best of all, this business is recession proof.  

 

Why should you consider this opportunity?

  • Central location
  • Built in 1991
  • Completely refurbished in 2008
  • 38 Units in total
  • Mixture of 2 bed and 1 bed fully self-contained units
  • On 9,518m2
  • Pool and BBQ Area
  • Price includes 2 units utilized as managers unit and community facility
  • Deferred Management Fee structure with impending sales
  • Dual Income Stream
  • Proud owners with immaculate lawns and gardens
  • Very Easily Run
  • Minimal effort required
  • Systems and procedures in place
  • Profitable Business
  • Accountants figures
  • Website
Business Story

This opportunity could suit a private independent looking to enter the retirement village sector, someone with interests in management rights or it could be a great add on to an already established operator. Income streams are derived through the receipt of payments from the body corporate and additionally through deferred management fees on units sold. The units an easy sell with a waiting list of retirees wanting to live independently in a friendly communal atmosphere.

Park Haven Garden Village currently has an average age of 75, it’s a place where residents can feel safe and secure at all times while enjoying all the comforts of their own home without the hassle of maintaining it. There are many facilities available, 24-hour medical alert in all units, resident’s community room, mail delivery, privacy with own courtyards, swimming pool with BBQ area and a resident’s committee.

The central location provides easy access to absolutely anywhere in Mackay, only a 5-minute drive to Mackay CBD, the airport, 5 to 10 minutes to both the Mackay Mater Hospital and Mackay Base Hospital, Bowls and Social Clubs. It is also only a short stroll to a large convenience store and there is a bus stop on the doorstep for those unable to drive or have access to their own vehicle.

Although the 38 units were originally constructed in 1991, they were completely refurbished in 2008 making them very neat, tidy and basically maintenance free. A very large and tastefully decorated onsite managers unit is included in the price, along with an attached office and a community function centre. 

 

Want to find out more about this business for sale?

Contact Denny Leet
ph. 0409 639 366
e. [email protected]

or contact Phil Dodds
ph. 0428 674 486
e. [email protected]