VACANT NURSING HOME AT ADINA AVENUE, PHILLIP BAY - EOI INVITED.
Preston Rowe Paterson have pleasure in inviting Expressions of Interest for either the purchase or lease of a Council owned nursing home situated on Adina Avenue at Phillip Bay, known as ???Eric Callaway House???.
The property comprises a single allotment of residentially zoned land upon which is constructed a former nursing home previously offering a total of 43 beds (most recent configuration), along with ancillary administration and service areas.
The size of Phillip Bay is approximately 0.6 square kilometres. It has 5 parks covering nearly 29.1% of total area. The population of Phillip Bay in 2011 was 635 people. By 2016 the population was 693 showing a population growth of 9.1% in the area during that time. The predominant age group in Phillip Bay is 10-19 years. Households in Phillip Bay are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Phillip Bay work in a professional occupation. In 2011, 83.7% of the homes in Phillip Bay were owner-occupied compared with 80.4% in 2016.
Phillip Bay has 284 properties. Over the last 5 years, Houses in Phillip Bay have seen a 92.20% increase in median value, while Units have seen a 66.47% increase. As at 31 October 2024:
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