Invest, Occupy or Develop

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.