Melbourne Acquisitions in conjunction with Amicum are pleased to announce 15 Coulstock Street, Epping has sold via an Expressions of Interest campaign.
The property was recently operated as Green Gables, a Commonwealth funded Aged Care Home, providing accommodation for 55 residents. The facility is a purpose-built, two storey building and was offered with vacant possession.
The site is approximately 4,049sqm which includes approximately 662sqm land for a heritage bluestone building originally constructed in 1871 as a Catholic Primary School. The building has since been renovated and interconnects with the main building providing substantial accommodation and residential facilities for education, medical, specialist care, crisis accommodation and/or community uses (STCA).
Following the competitive EOI campaign, the property was purchased by a local owner occupier for $6,340,000, equating to a land rate of $1,565 per sqm and room rate of $115,272.