181 Forest WayBelrose NSW 2085
Property Details for 181 Forest Way, Belrose
181 Forest Way, Belrose is a 0 bedroom, 0 bathroom House and was built in 1965. The property has a land size of 21170m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
Commercial Collective Health, Aged Care & Retirement (CCHACR), are proud to act as exclusive agents in offering for sale a DA approved 105 bed residential aged care facility
along with 105 pre 97 bed licenses located at 181 Forest Way, Belrose Sydney NSW.
The approved development application for an aged care facility comprising 105-beds (100 rooms), including dementia ward and gardens, caf, hair salon, dining areas, private dining
The Primary and secondary catchments show a high level of demand for residential aged care. 'Belrose Manor' is located close to all amenities - town centre, hospital, major shopping centres, and has the benefit of being situated to provide spectacular views to the west.
- 105 pre 97 bed licenses to be sold with the DA approved RAC
- Average house price in Belrose is $1,675,000
- Strong supporting demographics within the local and broader catchment
- It is projected that the over 70 year population will increase by 22% from 8,500+ in 2016 to 10,500 by 2032
- There is a deficit of 227 aged care places in the region
- In 2016, the defined catchment had a total population of 58,423, of which 20% are aged over 65 years
Expressions of Interest close Thursday 11 March 2021 at 4:00pm.
*Approximately
Property History for 181 Forest Way, Belrose, NSW 2085
- 04 Jun 2021Sold for $14,150,000
- 02 Dec 2020Listed for Sale Contact Agent
- 07 Jul 2016Sold for $6,500,000
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0About Belrose 2085
The size of Belrose is approximately 14 square kilometres. It has 21 parks covering nearly 24.9% of total area. The population of Belrose in 2011 was 8,287 people. By 2016 the population was 8,800 showing a population growth of 6.2% in the area during that time. The predominant age group in Belrose is 40-49 years. Households in Belrose are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Belrose work in a professional occupation. In 2011, 87.6% of the homes in Belrose were owner-occupied compared with 84.2% in 2016.
Belrose has 4,122 properties. Over the last 5 years, Houses in Belrose have seen a 53.39% increase in median value, while Units have seen a 10.63% increase. As at 31 October 2024:
- The median value for Houses in Belrose is $2,347,250 while the median value for Units is $831,176.
- Houses have a median rent of $1,400 while Units have a median rent of $550.
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