The unnamed provider plans to develop an aged care home at the 7715sqm site in the University of the Sunshine Coasts Novus Innovation Park while building strong ties with the university.
The aged-care provider plans to take students and place them in the facility to train them, selling agent Baydn Dodds of Colliers International said.
The site will be just a short drive away from the Universitys new $2 billion Hospital, which is due to open in early 2017, while Ochre Healths $60 million GP Super clinic is already up and running nearby.
Picture: Nick Dowling and Badyn Dodds from Colliers International at the Novus site.