Mt. Eliza2 Mount Eliza Way, Mount Eliza
The Mt Eliza property is located on the Mornington Peninsula approximately 60km south of Melbourne CBD and brownfield project consists of conversion of a 60 bed Aged Care home to a Mental Health Facility. The works include internal floor, wall, ceiling and fixtures and fitting refurbishment, services and technology system upgrades and external landscaping enhancements.
Construction works are underway and forecast completion in late 2023.
Development SummaryAs at 30 September 2023 Mt. Eliza 2 Mount Eliza Way, Mount Eliza
$28.5m AUD Development Cost
Late 2023 Forecast Completion Date
|Spend to Date||$20.1m AUD|
|Cost to Complete||$8.4m AUD|
|Forecast Income Return||4.75%|