Grafton Aged Care

Grafton Aged Care

12 Bent Street, South Grafton

Grafton Aged Care is a residential aged care facility located in South Grafton, NSW, approximately 70km north of Coffs Harbour on the Clarence River. The facility comprises 43 rooms with a mix of single, double and triple rooms, providing a total of 83 beds.

Two adjacent residential properties have also been acquired for potential future expansion of Grafton. With a relatively high and growing proportion of elderly in its catchment, both Hall & Prior and Vital envisage future expansion to meet the rising demand for aged care services.

Property Summary

As at 30 June 2021 Grafton Aged Care
12 Bent Street, South Grafton
  • $11.1m Market Value
  • 15.8yrs WALE
Asset class Aged Care
Occupancy 100.0%
Major tenant Hall & Prior
Market capitalisation rate 7.0%