CBRE Australian Healthcare & Social Infrastructure is pleased to offer for sale 1A Scaysbrook Drive, Kincumber (Cnr Main Drive) NSW A longstanding, co-located aged care home that has undergone multiple renovations and is positioned for immediate re-activation to service the central coast's heavily under supplied aged care sector.
High-quality existing improvements allow for flexible levels of CAPEX for incoming occupiers or investors, with a building area of 2,452sqm* that enables multiple outcomes, including further expansion.
Co-located aged care offerings are viewed as highly desirable within Australia's evolving seniors living sector. Adjoining Brentwood Retirement Village (400 units), the subject property allows an incoming operator the rare opportunity to capitalise on the benefits of this cross-flow demand.
Overview:
+Well-regarded former aged care home with substantial floor plates allowing multiple configurations - previously operated at a maximum 102 bed capacity
+Underlying land area of 4,253sqm* allowing additional expansion or redevelopment potential (STCA)
+Adjoining Keytons Brentwood Village a dominate retirement community featuring 400* units with an average entry price of circa $600,000*
+Existing building area of 2,452qm* (RACF) across two stories plus basement and on-grade parking options
+Projected fully leased income of $680,000-$750,000p.a*
+Suitable for a variety of care accommodation outcomes including residential aged care, supported residential services, retirement, NDIS accommodation and more (STCA)
Location:
+Ideally positioned within a short distance of Gosford (6km*) with both public and private hospital options and an abundance of retail amenity
+Positioned within New South Wales Central Coast A high demand aged care location with an elderly population (over 65) well above the broader NSW average
+Growing levels of general locational demand from families in the area driving value with a record low vacancy rate of 2.6%
+Picturesque catchment surrounded by mountain reserves while only a short distance to beaches and lakeside reserves
For sale via international expressions of interest closing Friday 21st March 2025 at 2:00pm (AEDT)
For further information, please contact the exclusive sale/leasing and marketing agents:
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
approx*
