35-36 Egremont Pl - Health Care FOR SALE


Brighton, ESX BN2 0GB
$2,750,000 USD
127-309-2701
35-36 Egremont Pl, Brighton, ESX for Sale
$2,750,000 USD
Health Care - FOR SALE
1/4
null | Request Cap Rate

35-36 Egremont Pl
Brighton, ESX BN2 0GB


HIGHLIGHTS

  • Price on application
  • Prime residential-led development opportunity located within Brighton town centre, approximately 900m(0.5 miles) north of Brighton Pier and beachfront
  • The site comprises a vacant care home (C2), extending to approximately 1,837 sq m (19,770 sq ft) GIA
  • Positive pre-application response received for redevelopment into 24 residential apartments
  • Site extends to approximately 0.25 hectares (0.62 acres)
  • The site is located on the edge of Queens Park and a short distance from the desirable village of Kemptown

OVERVIEW

Price on application The property is now vacant but was previously utilised as an elderly care facility, classified as being in Class C2 use. The property is currently laid out to provide 21 residential care rooms, 12 bed-sit flats, 1 large single flat and 1 guest suite, along with associated communal facilities. The property extends to approximately 1,837 sq m (19,770 sq ft) on a gross internal basis.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pilgrims' House

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

-

APN/PARCEL ID

ESX322865

ASK ABOUT THIS PROPERTY

James DearSavillsMore Info
127-309-2701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

James DearSavillsMore Info
127-309-2701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.