EXTENDED SETTLEMENT TERMS AVAILABLE!

Options aplenty with this substantial 33 room aged care facility with current planning permit for substantial expansion to car parking and facilities or alternatively other potential uses that may include retirement apartment living, medical centre, motel, childcare or education facility etc (STCA).

In the heart of Sorrento and surrounded by many of the district's finest homes, this premier residential land holding could also be subdivided to make way for a number of luxury residential homes (STCA).

Secure tenant paying $336,870 pa on lease until August 2022 OR Vacant Possession can be made available earlier by agreement.

Zoning: General Residential Zone 1

Early stage schemes from Ewert Leaf are available on request detailing:

Aged Care – 68 Beds Retirement Living – 26 Retirement Apartments

Proudly marketed by the team at Peninsula Sotheby’s International Realty.