Knight Frank is pleased to present Mount Gilead Estate, a leading, institutional-scale, modern retirement village which commenced development in 2007. Mount Gilead estate is located on a prominent hilltop position within the booming southwestern Sydney growth corridor adjacent to Lendlease's Figtree Hill masterplanned community.
The estate is one of the largest retirement villages in Australia, offering the extremely rare combination of modern construction, a high standard of presentation and revenue potential from both vesting DMFs and further development under an existing DA.
The property offers a total of 463 completed and occupied residences and significant community and recreational amenities.
Mount Gilead Estate is situated on an elevated 23.3ha* site, with uninterrupted view corridors to the Southern highlands and Great Dividing Range. Plans are approved for an additional 647 residences with the possibility of acquiring additional adjoining land.
*Approx
*Outlines indicative only
Key Highlights of this opportunity include:
- Rare opportunity to acquire an institutional-scale Senior living asset in a single transaction;
- A total of 463 completed, settled and occupied independent living units and apartments (ILUs / ILAs);
- Dual potential revenue streams from a mature and vesting DMFs plus further development;
- On completion, it will be one of the largest single site retirement villages in Australia;
- Extremely rare investment opportunity in one of the fastest growing regions of Sydney;
- Significant existing infrastructure completed including a 9-hole private golf course, 3,000sqm multilevel clubhouse/community facility with both an indoor and outdoor swimming pools, hairdresser, café, gymnasium and a cinema room;
- Mount Gilead Estate is located in close proximity to major infrastructure such as the Campbelltown CBD, private and tertiary public hospitals, Macarthur Square regional shopping centre and the future Western Sydney Airport.
Mount Gilead Estate is For Sale by International Expressions of Interest closing on Wednesday, 9th October at 3pm AEDT.
For further information please contact the marketing agents.
