Cygnet West are pleased to present a rare opportunity to acquire the proprietary rights in a well established fully occupied retirement village. St Ives Mandurah is a mature, beautifully presented, 120 independent living unit ("ILU") village surrounded by the Serpentine River which winds around the northern, eastern and southern borders of the property.
The village, located in the suburb of Greenfields, occupies a 5.8Ha site and is just a few minutes' drive from the magnificent Mandurah foreshore.
The Deferred Management Fee (DMF) structure is a very competitive financial structure that has attracted residents to the village.
Communal facilities offered by the village include:
Outdoor bowling Green
Indoor heated pool
Computer room
Gym
Residents lounge
Craft studio
Community kitchen
Walking tracks
Hairdresser and beauty salon
Extensive boat and caravan parking
St Ives Mandurah is offered via an Expressions of Interest (EOI) campaign. Contact our exclusive listing agent for more information.