Pacific Cape

 Development of Pacific Cape

Pacific Cape is located on the corner of Kularoo Drive and Karloo Street Forster and is a project undertaken by long term Aged Care Provider GLAICA Ltd (GLAICA House).

The site will encompass 2 and 3 bedroom self-care villas – 1, 2 and 3 bedroom apartments and has approval for a 160 bed Residential Aged Care Facility to be built to meet the future aged care needs of our community.

Stage 1 of the development includes 2 and 3 bedroom villas facing Karloo Street. Prices starting at $400,000 for the 2 bedroom- single garage and for the 3 bedroom- double garage $450,000 and $460,000.

Stage 2 currently has available;
2 x 2 story/2 bedroom single garage priced at $525,000.
1 x 2 story/3 bedroom double garage priced at $595,000.

Stage 3 consists of 14 2 bedroom/single garage villas priced from $430,000.

Stage 4 was completed and available for occupation in December 2019.
This stage includes a 3 level apartment building with secure underground parking with a storage area for each apartment.

20 Apartments in the following bedroom format;
~ 3 bed apartments – 4 priced at $510,000.
~ 2 bed apartments – 12 priced at $435,000.
~ 1 bed apartments plus study – 2 priced at $400,000.
~ 1 bed apartments – 2 priced at $315,000.

6 Villas
~ 3 bed – 2 priced at $495,000.
~ 2 bed – 4 priced at $430,000.

Exit fees are 33% after 8 years and we share 50/50% Capital Gain Loss. Fortnightly maintenance is 23% single age pension – approx. $197.94 pfn.

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Expressions of Interest

Contact GLAICA office (02) 65545521

Location