Exceptional 139 bed Aged Care Facility + village (Melbourne)

This week we present a unique opportunity to capture a fully fitted and constructed
modern (2004 construction), 132 bed vacant facility for circa. $100,000 per bed – on 1.44
hectares of land with an additional 6000 sqm of developable land available separately,
in one of Melbourne’s strongest growth corridors. Shane Nicholson of CB Richard Ellis’
Retirement Housing and Healthcare team has the exclusive representation and also
points out the 54 loan/license ILU village with its significant village community centre
set on 9.6Ha (with pool and all other facilities). Roads, DA and infrastructure are also in
place for another 132 ILU’s. Shane believes this is also a great goodwill opportunity for
the betterment of the community for the Department to reissue new bed licenses to this
facility which is ready to operate immediately if licenses are in place. DoHA recognizes
that the Hume LGA is ‘under bedded’. Compared to the required minimum investment
to construct of $200,000+ for a care bed, this easily makes Bridgewater a ‘unique
opportunity’. See the brochure attached.