Eighth Gate Residences Fund No. 6

Federation Villages

investment status: fully subscribed

Considered one of the best manufactured home estates in Australia, the Federation Village portfolio represents a unique opportunity to invest in a proven retirement property asset.

Eighth Gate Residences Fund No. 6

Federation Villages

investment status: fully subscribed

Considered one of the best manufactured home estates in Australia, the Federation Village portfolio represents a unique opportunity to invest in a proven retirement property asset.

Established for over 15 years, the Federation Village portfolio consists of three Villages; Federation Village Sunshine, Federation Village Glenroy, and Federation Village Werribee.

The asset structure is unique as it gains its income from a very predictable site rent (underpinned by the commonwealth rental assistance program) paid by the residents and a deferred management fee payable on sale of the home.

The Federation Village assets are all located in the commuter belt of Melbourne. Priced well below the suburb median, the village homes represent an excellent opportunity for seniors to release equity from their previous place of residence and provide sufficient capital to fund their retirement.

Federation Sunshine

639 Ballarat Rd, Albion VIC 3020

Park Value on Purchase: $16.8m
Purchase Date: 7 October 2015
No of Sites: 140
Revenue Mix: 100% Permanent
Distribution: Paid Quarterly

Federation Glenroy

16-24 Box Forest Rd, Glenroy VIC 3046

Park Value on Purchase: $21.1m
Purchase Date: 7 October 2015
No of Sites: 181
Revenue Mix: 100% Permanent
Distribution: Paid Quarterly

Federation Werribee

2A Railway Ave, Werribee VIC 3030

Park Value on Purchase: $22.1m
Purchase Date: 7 October 2015
No of Sites: 177
Revenue Mix: 100% Permanent
Distribution: Paid Quarterly