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8-18 Edwards Street, BURWOOD, VIC 3125
Burwood
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 8-18 Edward Street, Burwood – A considerable former Residential Aged Care Home plus adjoining land across three titles, allowing expansion or a mixed-use outcome.
Constructed in circa 2002 the subject property is suited to a myriad of potential users given it's location and immediate extension or value-add potential.
OVERVIEW
+High-quality existing Residential Aged Care improvements previously operational for 45 beds plus adjoining landholdings on either side of the property
+Combined underlying land area of 5,614sqm* zoned General Residential
+Offered with vacant possession and featuring parking for 20 vehicles (basement)
+Existing building area of 1,746sqm* (RACF only) with a projected fully leased income of $425,000-$475,000p.a* plus
+Current planning approval for a multi-level aged care redevelopment comprising 110 beds
+ Approved provider company available with 45 bed license
+Suited to a variety of end users including Aged Care, Hospital, Childcare, Rehab, Land banking, Supported Residential Services, Specialist Disability Accomodation, and more (STCA)
LOCATION
+Strong underlying land value with Burwood featuring a median house price exceeding $1,400,000* (Dec-22)
+Surrounded by the Eastern suburbs most desirable postcodes including Box Hill, Surrey Hills, Camberwell and Canterbury
+Within a major social infrastructure hub and a stone’s throw to dense education, parkland, healthcare and retail amenity including Deakin University, Presbyterian Ladies College (PLC), Wattle Park, Burwood Brickworks, SIA Medical and more
+Highly favourable demographic trends for healthcare with 15%* of the population aged over 70 years old
EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW
For more information please contact the exclusive sales and marketing agents
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Remember to mention you found this property on DevelopmentReady
CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 8-18 Edward Street, Burwood – A considerable former Residential Aged Care Home plus adjoining land across three titles, allowing expansion or a mixed-use outcome.
Constructed in circa 2002 the subject property is suited to a myriad of potential users given it's location and immediate extension or value-add potential.
OVERVIEW
+High-quality existing Residential Aged Care improvements previously operational for 45 beds plus adjoining landholdings on either side of the property
+Combined underlying land area of 5,614sqm* zoned General Residential
+Offered with vacant possession and featuring parking for 20 vehicles (basement)
+Existing building area of 1,746sqm* (RACF only) with a projected fully leased income of $425,000-$475,000p.a* plus
+Current planning approval for a multi-level aged care redevelopment comprising 110 beds
+ Approved provider company available with 45 bed license
+Suited to a variety of end users including Aged Care, Hospital, Childcare, Rehab, Land banking, Supported Residential Services, Specialist Disability Accomodation, and more (STCA)
LOCATION
+Strong underlying land value with Burwood featuring a median house price exceeding $1,400,000* (Dec-22)
+Surrounded by the Eastern suburbs most desirable postcodes including Box Hill, Surrey Hills, Camberwell and Canterbury
+Within a major social infrastructure hub and a stone’s throw to dense education, parkland, healthcare and retail amenity including Deakin University, Presbyterian Ladies College (PLC), Wattle Park, Burwood Brickworks, SIA Medical and more
+Highly favourable demographic trends for healthcare with 15%* of the population aged over 70 years old
EXPRESSIONS OF INTEREST CLOSED - OFFERS UNDER REVIEW
For more information please contact the exclusive sales and marketing agents
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
Remember to mention you found this property on DevelopmentReady
8-18 Edwards Street, BURWOOD, VIC 3125
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
