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25 Fleet Street New Lambton, NSW 2305

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25 Fleet Street,
New Lambton, NSW 2305

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Boutique Retirement Village In Prime Location

  • Seven villas on one title
  • Total site area 1,517.5sqm (approx)
  • Zoned R2 Low Density Residential
- All Saints Close Retirement Village comprises seven villas operating as a boutique retirement village under a loan/licence arrangement.
- The complex is fully occupied with five permanent residents having licence agreements involving recurrent charges and deferred management fee obligations. The average age of the permanent residents is 83 years.
- The other two villas are occupied under residential leases for a total $830 per week.
- The federation style brick veneer villas were constructed circa 1994 in either a freestanding or duplex configuration, each comprising two bedrooms and a single attached garage.

For Sale by Expressions of Interest.

Property ID: 503019538Last Updated: 15 Apr 2019

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25 Fleet Street
New Lambton, NSW 2305
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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