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181 Forest Way
Belrose NSW 2085
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Sold on 4 Jun 2021

181 Forest Way Belrose NSW 2085

  • Development / Land
  • 2.15 ha
  • Sold

Belrose Manor | DA Approved 105 Bed Aged Care Site

Commercial Collective Health, Aged Care & Retirement (CCHACR), are proud to act as exclusive agents in offering for sale a DA approved 105 bed residential aged care facility
along with 105 pre 97 bed licenses located at 181 Forest Way, Belrose Sydney NSW.

The approved development application for an aged care facility comprising 105-beds (100 rooms), including dementia ward and gardens, café, hair salon, dining areas, private dining
room and lounge areas, outdoor terrace areas, staff amenities, commercial kitchen and laundry - all of which are located on circa 21,451 sqm.

The Primary and secondary catchments show a high level of demand for residential aged care. 'Belrose Manor' is located close to all amenities - town centre, hospital, major shopping centres, and has the benefit of being situated to provide spectacular views to the west.

- 105 pre 97 bed licenses to be sold with the DA approved RAC
- Average house price in Belrose is $1,675,000
- Strong supporting demographics within the local and broader catchment
- It is projected that the over 70 year population will increase by 22% from 8,500+ in 2016 to 10,500 by 2032
- There is a deficit of 227 aged care places in the region
- In 2016, the defined catchment had a total population of 58,423, of which 20% are aged over 65 years

Expressions of Interest close Thursday 11 March 2021 at 4:00pm.

*Approximately

Property Highlights

Date Sold4 Jun 2021
Floor Area8,012 m²
Land Area2.15 ha
ParkingAsk Agent
Property ID2016675023
Category
Last updated  7 Jun 2021
Map for 181 Forest Way Belrose NSW 2085

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Property Highlights

Date Sold4 Jun 2021
Floor Area8,012 m²
Land Area2.15 ha
ParkingAsk Agent
Property ID2016675023
Category
Last updated  7 Jun 2021
10 Newcomen Street Newcastle NSW 2300

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