50 Busby Street, South Bathurst, NSW, 2795

$4,050,000
Sold on 19th July 2022
1.17 Hectares
other

Residential or Commercial Development Site Bathurst NSW

50 Busby St South Bathurst NSW 2795

FOR SALE – via Expressions of Interest. Closing 4pm Friday 20th May 2O22.

PRICE GUIDE – contact agent Mark Sullivan 0429 954 990

LAND SIZE – 1.17 ha (11,700m2)

ZONING – R1 General Residential.

ON SITE – two large buildings formally used as St Catherines Nursing Home and Residential Aged Care. Now vacant.
Nursing Home – 1,350m2 under roof, 24 Rooms, commercial kitchen, commercial laundry, bathrooms and lounge areas.
Residential Aged Care – 2,650 m2 under roof, 36 unsuited rooms, commercial kitchen, living areas, landscaped gardens.

TOTAL UNDER ROOF – approximately 4,000m2

HERITAGE – No

VIEWS – located at the top of one of Bathurst’s highest residential hills, with incredible 360 degree views overlooking Bathurst, Kelso, Mt Panorama and towards the Blue Mountains.

THE OPPORTUNITY
New residential aged care development – Demolish existing buildings and build high end residential.
Demolish and offer home and land packages.
Land subdivision up to 22 individual sites (stca).
Repurpose residential aged care (currently 36 ensuited rooms) / short term accommodation
Residential Aged Care Facility – renovate and re open an aged care facility.
Re purpose for commercial applications – would make an ideal site for relocation of corporate offices
Hotel / Motel – would make an awesome location for a hotel being 5 minutes from Bathurst CBD and Mt Panorama Tourism Precinct.

INSPECTIONS – available 7 days and must be in the immediate presence of sales agent. NB 24 video surveillance.

DUE DILIGENCE –
Detailed Information Memorandum
Contract
Site plans / Floor plans / Aerial Imagery
Bathurst Economic Overview
Video & Drone Tour of site
Inspections 7 days by appointment

MAKING AN OFFER – please submit offers in writing. An EOI form is available from Mark Sullivan

Settlement is pending the subdivision of duo-plex units currently sitting on same title.
Please refer to contract of sale.

The vendor is motivated to sell and will consider all offers and terms.

SALES AGENT
Mark Sullivan 0429 954 990
sully@atrealty.com.au
Mark Sullivan Property / 248 Howick St Bathurst NSW 2795


Property Details
Property Type: Commercial
Floor Area: 4000 SQM
Land Area: 1.17 Hectares

Property Location