Kincumber Nautical Village, a key Residential Land Lease Community in New South Wales, was successfully sold to Hampshire Property Group, marking a significant development in the growing sector of affordable housing.
Information on the Target
Kincumber Nautical Village is a prominent Residential Land Lease Community (RLLC) located on the Central Coast of New South Wales, Australia, featuring 363 sites. This community is strategically positioned in one of the nation's most rapidly developing retirement areas, offering an affordable and appealing lifestyle that is in close proximity to various amenities such as shops, cafés, restaurants, and beautiful beaches including MacMasters, Copacabana, and Avoca.
The unique residential structure of RLLCs like Kincumber Nautical Village presents a viable solution to the growing demand for affordable housing, providing retirees and individuals seeking a coastal lifestyle an attractive option that combines community living with essential services.
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Industry Overview in New South Wales
The Residential Land Lease Community sector in New South Wales is experiencing substantial growth, driven by increasing demand from retirees and other individuals seeking affordable living arrangements. As Australia’s population ages, the pressure for affordab
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