Private investors entering aged care property market Glen Waverley facility purchased for $4M
A 49 bed care facility has been sold to a private investor for $4M by CBRE on the behalf of accounting firm Pitcher Partners for mortgagees in possession. The building is leased to Autumn Care for $320,000p.a., generating an 8% yield
A 49 bed care facility has been sold to a private investor for $4M by CBRE on the behalf of accounting firm Pitcher Partners for mortgagees in possession. The building is leased to Autumn Care for $320,000p.a., generating an 8% yield.
