This exciting DA approved retirement living site at Nulkaba has been sold via Expression of Interest by Ray White Commercial NSW for $4.85 million. The DA consists of 178 independent living villas and associated facilities. The plan consists of a variety of one, two and three bedroom villas and a single storey community centre. This property located at the gateway to the Hunter Valley area. It is a highly attractive retirement village proposition with very limited competition in the area and the added benefit of being one of a kind for the area. Only 1hr 15mins drive direct from Wahroonga Sydney with the new connection of the Hunter Expressway.

We outline below key additional development highlights:
• Site area: 80,816m2*
• Approved for 178 retirement villas and recreational area
• Two* hours drive to Sydney
• Large cost savings in place
• Physical commencement approval
• Huge community demand for retirement living

Sales Analysis*
Sale Price:$4,850,000*
Land Area:80,816m²*
Zoning:R2 Low Density Residential
Price per developable unit:$27,247*
Rate per land m²:$60*
Raw or Subject to DA:Approved
 
Sales Process
Sale Date:July 2016
Sale Type:Expression of Interest
Vendor:Private
Purchaser:Private
*Approximate