Parkview Nursing Home, 29 Park Road,
Five Dock, NSW 2046
Medical & Consulting • Development Sites & Land • Other
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Parking info
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Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
04142594...
Parkview Nursing Home, 29 Park Road
Five Dock, NSW 2046
Map of Parkview Nursing Home, 29 Park Road
Inner City Freehold Aged Care Facility with Significant Value-Add Potential
- Highly Valuable 59 Bed Licenses
- Total Internal Area: 1,423.96sq m*
- Total Site Area: 1,550sq m*
*** EOI is closed - Offers under consideration ***
Savills Metropolitan & Regional Sales along with Wexted Advisors are pleased to exclusively offer Parkview Nursing Home, 29 Park Road, Five Dock for sale via an Expressions of Interest campaign.
29 Park Road, Five Dock, is a unique freehold investment within one of Sydney’s most sought after and tightly held asset classes. A fully licensed residential aged care facility positioned in the highly desirable Inner West should be of appeal to many astute investors or aged care providers.
Investment Highlights:
- Rarely offered freehold aged care investment
- Operating with 59 bed licenses
- Generates significant annual revenue above $4.5m per annum
- Dominant land parcel of 1,550sq m* with 40m* frontage
- Building Area: 1,423.96sq m*
- Development Control Plan: Canada Bay Local Environmental Plan 2013
- Zoning: R3 Medium Density Residential
- Opportunity to renovate existing facility or potential for new facility redevelopment (STCA)
- Only 250m* from Five Dock’s main retail strip, Great North Road
- Car Parking: Free on-street parking and 1 off-street car parking space
- Sales Process: For sale via International Expressions of Interest closing 2pm Thursday 10 December 2020
The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.
*Approx.
Savills Metropolitan & Regional Sales along with Wexted Advisors are pleased to exclusively offer Parkview Nursing Home, 29 Park Road, Five Dock for sale via an Expressions of Interest campaign.
29 Park Road, Five Dock, is a unique freehold investment within one of Sydney’s most sought after and tightly held asset classes. A fully licensed residential aged care facility positioned in the highly desirable Inner West should be of appeal to many astute investors or aged care providers.
Investment Highlights:
- Rarely offered freehold aged care investment
- Operating with 59 bed licenses
- Generates significant annual revenue above $4.5m per annum
- Dominant land parcel of 1,550sq m* with 40m* frontage
- Building Area: 1,423.96sq m*
- Development Control Plan: Canada Bay Local Environmental Plan 2013
- Zoning: R3 Medium Density Residential
- Opportunity to renovate existing facility or potential for new facility redevelopment (STCA)
- Only 250m* from Five Dock’s main retail strip, Great North Road
- Car Parking: Free on-street parking and 1 off-street car parking space
- Sales Process: For sale via International Expressions of Interest closing 2pm Thursday 10 December 2020
The Contract of Sale and relevant due diligence material are available to interested parties upon request from the exclusive agents.
*Approx.
Five Dock, 2046 demographic data
The median household income for Five Dock is $2,328, 12% higher than Greater Sydney's household income of $2,077. Five Dock has an older age profile compared to the rest of Greater Sydney (median age 41 vs 37). Property ownership data shows 47% of property owners in Five Dock have a mortgage.
9,823
Population
$2,328 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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