129 Cotlew Street
Ashmore, QLD 4214

Overview

High Demand Ashmore Care Facility - Government Supported, Established & Income Generating

'Cotlew Manor' is a well-established and profitable community care investment located in the heart of Ashmore, Queensland. This property has been family owned and operated for over two decades, making it one of the most recognized community care centers in South-East Queensland. The facility specializes in providing Specialist Disability Accommodation (SDA), community care, and affordable housing for individuals with mental, intellectual, and physical disabilities, as well as elderly residents.

Positioned on a substantial freehold landholding of approximately 4,047 square meters, Cotlew Manor offers a versatile opportunity for various healthcare-related uses. The property includes five buildings with a total of 60 rooms, accommodating up to 62 residents. This expansive site is zoned as 'Medium Density Residential' and designated as a Community Care Centre, allowing for multiple future-use options such as SDA, respite care, aged care, or other healthcare operations.

The facility generates a strong net income exceeding $1,400,000 per annum, presenting an exceptional investment opportunity for operators or investors seeking a proven and scalable healthcare asset. On-site services are comprehensive, including six meals per day, laundry, room cleaning, and daily medicine distribution, ensuring high-quality care and convenience for residents.

Located centrally on the Gold Coast, Cotlew Manor is less than five kilometers from key destinations such as Southport, Broadbeach, and Surfers Paradise. The property benefits from close proximity to major medical precincts including Gold Coast University Hospital, Pindara Private Hospital, Benowa, and Southport Medical Precincts. Additionally, Ashmore Plaza, anchored by Woolworths, Griffith University, and TAFE are nearby, enhancing accessibility and convenience.

Additional features of the property include land tax exemption and a built-in swimming pool, adding value and appeal to the facility. The vendors are highly motivated, making this an outstanding opportunity to acquire a freehold healthcare facility in one of the Gold Coast's most sought-after and tightly held locations.

• Expansive 4,047 square meter landholding
• 60 rooms across five buildings, accommodating up to 62 residents
• Net income in excess of $1,400,000 per annum
• Comprehensive on-site services including six meals daily, laundry, room cleaning, and medicine distribution
• Central Gold Coast location, less than 5 kilometers to Southport, Broadbeach, and Surfers Paradise
• Zoned 'Medium Density Residential' as a Community Care Centre
• Land tax exempt property
• Built-in swimming pool
• Close to major medical precincts and educational institutions
• Highly motivated vendors

This property represents a rare and valuable opportunity to secure a proven, income-generating healthcare facility with significant potential for future growth and diversification. Interested parties are encouraged to make inquiries to explore this unique investment prospect further.

Location