Andrew Jackson, Scott Callow and Paul Nyholt of HTL Property offer a portfolio of three assets, comprising two DA approved land lease community sites and one former mixed-use park asset with approvals to redevelop.
HTL Property has been exclusively engaged to bring to market a portfolio comprising two DA approved land lease community sites; and one former mixed-use park asset with approvals in place to redevelop as a Residential Land Lease Community (RLLC).
Two of the opportunities within the portfolio are located in the picturesque East Gippsland region of Victoria; while the third is situated in the booming regional city of Bundaberg; a top tourist and lifestyle destination on the Coral Coast of Queensland. The assets are being offered for sale in-one-line or individually, with the campaign being steered by Andrew Jackson, National Director of HTL Property; alongside both Scott Callow and Paul Nyholt, Directors of boutique national brokerage firm HTL Property.
Summary of the Portfolio Assets Being Sold:
Riverside Village, Swan Reach
Lucknow Land Lease Community Site
Bundaberg Land Lease Community Site
“We are very excited about this portfolio offering and it is one not to be missed. As a portfolio, the opportunity is provided for a buyer to secure scale across Victoria and Queensland regarding both asset and geographic diversification” advised Andrew Jackson, HTL Property’s National Director of Accommodation.
“The portfolio presents a prime opportunity to capitalise on the recent housing boom, as well as an investment sector with constrained supply and the ever-growing demand for affordable seniors living by Australia’s largest cohort; the ‘baby boomers’, now entering their retirement years” added Scott Callow, HTL Property’s Victoria Director.
“All three assets are located in prime lifestyle locations and popular tourist destinations, with each of the substantial sites underpinning and securing their long-term land value and growth. Inherently they offer significant potential development profits and depreciation benefits; as well as operational upside for the Riverside Village" continued Paul Nyholt, HTL Property’s QLD Director.
“The three assets present a rare opportunity to acquire an income stream that is both highly passive and very stable, with built-in annual growth via rental increases; making it effectively recession proof. We anticipate strong interest for these assets as astute investors recognise the ever-resilient fundamentals of the park sector – now accelerated by unprecedented demand for affordable housing by the retiree population and a strong resurgence in tourism" said Jackson.
“Park assets have remained incredibly popular amongst investors and owner-operators even throughout the past few years of challenging trading periods. We are seeing continuously strong interest in the land lease sector nationally with increasing levels of new entrants seeking assets, especially in desirable locations with strong demand drivers. The broader market demand is simply outweighing the available supply" concluded Jackson.
This exciting portfolio is being offered for sale in-one-line or individually, via an Expression of Interest campaign closing at 4pm on Wednesday 30th of April 2025.