FOR SALE
2.7HA Lifestyle Retire Village Site

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Colac VIC 3250

Bedrooms: -
Bathrooms: -
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Land area: 2.7ha
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Rare Opportunity For Retire Lifestyle Village Development

Lifestyle retirement village with approx 85 units plus an mutli function activity center.
The retirement living sector in Australia is experiencing significant growth, driven by the rapidly expanding ageing demographic profile. In the midst of this flourishing industry, the sale of The Lifestyle Retirement Village presents a unique and lucrative opportunity for investors/operators. This retirement village, distinguished by its mix of luxurious 2-bedroom villas, stands out as an exceptional prospect in the market.
Crafted by design, the development of The Rural Lifestyle Retirement Village sets itself within a high demand reginal area.
The upscale nature of the villas within the retirement village aligns with the discerning tastes and preferences of retirees seeking a high-quality living experience. The meticulous design by Thomas Anderson Design ensures that the development not only meets but exceeds the standards set by other retirement communities in the region.
Operators/Investors are presented with a golden opportunity to partake in the thriving retirement living sector by acquiring a stake in The Rural Lifestyle Retirement Village. The combination of luxurious accommodations, thoughtful design, and the increasing demand from Australia's ageing population positions this investment as a strategic move in the real estate market.

Property Details for Contact Agent For Address, Colac

Building Type
Land
Land Size
2.7ha

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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation. In 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.

Colac has 5,499 properties. Over the last 5 years, Houses in Colac have seen a 49.71% increase in median value, while Units have seen a 29.11% increase. As at 31 July 2024:

  • The median value for Houses in Colac is $459,852 while the median value for Units is $361,583.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Colac.

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Amy Lau
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