THE PROPERTY DEVELOPMENT REVIEW
Boundary Indicative Only
1-5 Verdun Street, BexleyNSW Purpose built aged care facility with scope for upside
ForSale by Expressions of Interest closing Thursday, 30 March 2023 at 4pm (AEDT)
Existing 111 bed (65 rooms) RACF asset in established low density suburb close to transport. Fantastic building condition and presentation commensurate with high quality RACF offering.
Large 2,733 sqm* land holding with valuable underlying R2 Low Residential Density planning control. Range of high value uses permissible within existing R2 Zoning for potential adaptive re-use (STCA).
700 m* walk to Kogarah Train Station and 1 km* walk to St George public and private medical precinct. High exposure corner location, with excellent local area visibility.
Potential to increase RACF bed scale with inclusion of neighbouring detached property also for sale (Subject to subdivision).
Mark Litwin 0415 742 605 Anthony Pirrottina 0402 666 093
Under instructions from PwC as Receivers and Managers Appointed
View Listing
*Approx.
March / April 2023 – 37
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