MRS were engaged by KeyInvest to undertake a discreet off-market sales campaign of Chiton Retirement Living, 2 Ocean Road, Chiton SA along with the sale of the neighbouring residential development site at Allotment 902 Port Elliot Road, Chiton SA.
The village offered 29 high quality, modern houses along with a recently constructed and well equipped community centre which enjoys views over the neighbouring wetlands from its large balcony and north facing windows. The village also offered development potential to construct a further 11 retirement dwellings.
From our strong relationships in the health, aged care and retirement sectors we were able to develop a list of potential purchasers to target.
The village was sold to Resthaven, another client of MRS, for $2,400,000 being a great result for KeyInvest, $400,000 above their most recent valuation.
The residential development site at Allotment 902 Port Elliot Road, Chiton SA sold for $2,350,000, also above their most recent valuation.
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