Grafton Aged Care
12 Bent Street, South GraftonGrafton 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 31 December 2020 Grafton Aged Care 12 Bent Street, South Grafton-
$11.8m Market Value
-
16.3yrs WALE
| Asset class | Aged Care |
|---|---|
| Occupancy | 100% |
| Major tenant | Hall & Prior |
| Market capitalisation rate | 7.0% |
