Aged Care Development Opportunity!
12-22 Mount Dandenong Road has a total site area of 9,111sqm* on 3 separate titles with free standing homes.
The property sits within a Neighbourhood Residential Zone Schedule 2 under the Maroondah City Council and boasts an extensive main road frontage of approximately 110m.
An aged care development scheme has been undertaken by Marchese Partners to demonstrate an indicative yield of 135 rooms. With the increasing demand for medium density Aged Care residences in Metropolitan Melbourne, this represents a prime opportunity to deliver a purpose built new facility.
BASIS OF SALE
To be sold via Private Sale offering.
12-22 Mount Dandenong Road has a total site area of 9,111sqm* ...
21 Aug 2020