Learn about Hometown Australia, the global leader in land lease communities and resort style living. CBRE's Hotels Sydney director Andrew Jackson has been appointed to broker the properties.Hometown Australia Communities' Casino holiday park in NSW.The estates are mostly at regional tourism and retirement destinations, including the Tweed Coast and the NSW mid-north coast and Lakes Entrance in Victoria. There is a crossover between the permanent RLLC sector and the traditional tourist / caravan park market so many of the assets will be of equal interest to players from each of these sectors.”Mr Jackson said that there had been a significant increase in activity involving overseas-based institutions, either entering or increasing their exposure to the Australian hotel and leisure market in 2018.“While transactional activity in 2019 has been somewhat subdued, this can be attributed more to a lack of available stock than any waning in investor interest or sentiment,” he said.Sign up to our new weekly Inside Property newsletterFollow the topics, people and companies that matter to you. Hometown are experts in creating vibrant and affordable lifestyle communities for the over 50s. The $685 million takeover of the listed Gateway platform last year made Hometown Australia Communities the country’s largest owner and operator of residential land lease communities. Discover a new way of living at Hometown active lifestyle communities across Australia. They are being offered for sale either individually or in one line.One of the former Gateway assets – a greenfield site at Yarrawonga in Victoria – has already sold at a 30 per cent premium to the Gateway acquisition price.“We expect interest from local private buyers through to listed real estate investment trusts, which have been increasingly active in the sector in recent years," Mr Jackson said.“There is a wide geographic spread and a diverse range of assets being offered, so we expect to receive significant interest in each property. THE AUSTRALIAN arm of an American housing operator has splashed out $57 million on three new land lease communities in Australia. Share. We provide true value for money, without the stamp duty and exit fees usually associated with other traditional retirement living options. You’ll find our Land Lease communities in relaxing coastal regions, country areas and urban cities. 'Rumblings' of an anticipated September fiscal cliff are playing out at auctions, where buyers generally have the upper hand.Victoria's construction sector has taken a beating in the state's second lockdown, losing about 13,000 jobs between early-July and early-August.It's less about strapped finances and more about space – professional, double-income families working from home are driving the trend of upsizing to larger dwellingsBuilding work by the model's husband helped seal the $24.5 million deal, which means Newport claims the northern beaches crown over suburbs such as Palm Beach.Home builder Simonds Group, whose executive director faces a police probe in Queensland, says Victoria's restrictions are choking work. "The most recent acquisitions confirm our strategy to only own and operate long-term, permanent residential communities," Mr Strong said.Hometown Australia Communities is a subsidiary of Hometown America, one of the top five owners and operators of residential land lease communities in the US where it owns and operates 60 communities in 10 states containing 24,000 homes.Hometown started operating in Australia in August 2016. Hometown Australia Communities is a subsidiary of Hometown America, one of the top five owners and operators of residential land lease communities in the US where it owns and operates 60 communities in 10 states containing 24,000 homes. Aa . Tweet. "We have a strong desire to continue to grow our portfolio," he said.Fellow director Stuart Strong said the team was attracted to these assets because of their strong community environment and sought-after locations. Welcome to the ultimate new lifestyle for over 50s. THE AUSTRALIAN arm of an American housing operator has splashed out $57 million on three new land lease communities in Australia.The Australian subsidiary of Hometown America recently snapped up the 430-site Green Wattle Villages at Burpengary in Queensland. The deal is the single residential land lease community acquisition in Australia to date.Hometown is also in the process of buying two NSW communities with a total of 148 sites from Ingenia in Lake Macquarie and the lakeside Chain Valley Bay.The Sydney-based property developer now has 950 home sites under management, which includes the 578 sites at Green Wattle Villages.The acquisitions give the operator five communities in its portfolio, after it spent more than $19 million on Newport Village and $9.4 million on Sunrise Park, a Port Stephens development with approval for 188 home sites, last year.Hometown Australia director Kevin Tucker said his team was actively pursuing additional acquisition opportunities of existing communities and greenfield development sites. Hometown started operating in Australia in August 2016. The Australian arm of budget accommodation giant Hometown is looking to divest a $110 million group of housing estates carved out from the portfolio of Gateway Lifestyle, which the US player took over last year.The housing model entails the development of factory-made dwellings for residents, typically budget-conscious retirees selling out of their family home, who pay a ground rent for their site in an estate.A year after the takeover Hometown has marked out a number of Gateway assets as non-core.

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