Grafton Aged Care (Listing Only)
AU - South Grafton, NSW
JLL are pleased to present for sale Fairfield Aged Care Home at 125 The Crescent, Fairfield NSW. Fairfield Aged Care Home is a purpose built, two level residential aged care facility positioned in the south west Sydney suburb of Fairfield, some 30 kilometres west of the Sydney CBD. The facility provides 93-beds across a total Gross Floor Area of 2,880m², with fully furnished rooms, 24-hour care by registered nurses and full kitchen catering service which accommodates for allergies, intolerances and culturally specific needs.
· Fully leased, 93-bed operational aged care home.
· Strong tenant covenant underpinned by a national brand - Hall & Prior.
· Long 12.7-year WALE offering significant income security - ‘set and forget’ investment.
· Metropolitan Sydney location with long term development upside through B4 zoning.
· Established facility with long term tenure.
The asset is for sale via Expressions of Interest closing at 2pm (AEST) / 12pm (AWST) 18 May 2023.
Fairfield Aged Care is available individually or as part of the ‘Long WALE Aged Care Portfolio’. The Portfolio includes 5 securely leased aged care facilities across NSW and WA, with a combined net income of $4.921 million*, a combined portfolio WALE of 12.9 years* and fully leased to national operator Hall & Prior.
The Portfolio includes:
· Grafton Aged Care Home - 12 Bent Street, South Grafton NSW
· Clover Lea Aged Care Home - 14 Claremont Road, Burwood Heights NSW
· Fairfield Aged Care Home - 125 The Crescent, Fairfield NSW
· Rockingham Aged Care Home - 14 Langley Street, Rockingham WA
· Hamersley Aged Care Home - 441 Rokeby Road, Subiaco WA
*Approximately as at 30 June 2023