Located in the regional capital of Northland is an established Aged Care Facility which began operation in the early 1900’s and has been comprehensively upgraded and extended since recently purchasing. We are presenting to the purchaser an aged care facility that is second to none with the residents and their families with (1) manager's accommodation unit or (2) serviced apartment on-site, the choice is yours.

The current owner has future proofed and purchased three adjoining residential properties to increase bed numbers, with first right of refusal to purchase the fourth. These properties are currently rented with one being occupied as a serviced apartment. With the right purchaser, the facility is primed to expand into a medium sized facility (subject to council approval), your choice to what services you would like to provide.

From a financial perspective this facility maintains an EBITDA proportionate to the size of the facility, occupancy and long term staff, providing the highest quality person centred care to all residents.

For sale is (1) the aged care facility as a stand-alone purchase PLUS as required (2) up to three to four neighbouring properties to provide the opportunity to establish a medium sized aged care facility subject to budget and approval.

Asking Price:

Aged Care Facility: $2,800,000 Plus GST if Any,

PLUS (as required)

3 x Residential Properties: $500,000 to $600,000 per property

If you are interested and would like more information about this Aged care Facility, visit www.barkerbusiness.co.nz/3074 and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

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