Boutique Resthome - Wakefield Land and Buildings!

In the quiet of the village of Wakefield, a combination of determined sisters and family have resurrected this once neglected old aged care facility into a Rest Home concept that is running at full capacity, with a waiting list for admission now.

The owners intends to retain their much needed business and care for the elderly, but wish to sell the property and offer a good rate of return (6 -7%) for the lease of the land and buildings.

This facility offers 21 bedrooms and is endowed with the status of a commercial kitchen, a very spacious lounge and dining area for the residents, with sunny outdoor living areas in the proximity of the neighbouring park, Faulkners Bush affording truly superb open 'walks in the park'.

Wakefield is already known for its aged population, many of whom would love to still call Wakefield home, rather than move to Richmond or Nelson and thereby value and appreciate this most needed, and highly reputable aged care facility.

Call Michael Mokhtar for further information.

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Main Property Features

Listing Number: RC5433

Approx Floor Area:
650 sqm
Land Size:
2444 sqm
Property Type:
Other (Retirement Home)
  • Carparks: 12
  • Covered Carparks: 2
  • Uncovered: 10
Property Details:
Tenanted Investment
Commercial information
  • Zone: 8A
Fee Simple
Chattels remaining:
Fixed floor coverings, Light fittings, Rangehood, Curtains, Air Conditioner, Blue Seal Cooktop, Insinkerator, Hot Water Boiler, Diesel Boiler, Bell Call System., Stainless Steel Benches x 4, Carpet Squares, Hand Railings.
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Harcourts Richmond

Platinum Blue Limited

Licensed REAA 2008

261 Queen Street
Office website or View office details

Property Location