The Press

Renovated rest home ready for business

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Previously known as Parkwood Rest Home and Hospital, located at 62 Aldwins Road this substantia­l facility has recently been thoroughly renovated and strengthen­ed to bring it in line with current codes. Purchased vacant and as-is-where-is in 2018, the majority of the building is at 100% NBS with minimum areas bought up to 67% NBS.

Today there is an exciting future ahead, with the profession­ally executed and extensive re-developmen­t nearing completion and code compliance imminent. This commanding building is situated on 8,241sqm (more or less) with a floor area of approximat­ely 4,050sqm housing 147 bedrooms - the majority having ensuites and some of which were previously used as hospital bedrooms. Spread over two levels the complex comprises additional common lounges, kitchen, dining hall, administra­tion offices, nurses’ stations, sitting rooms, an entertainm­ent hall with kitchenett­e and ancillary areas. Rooms overlook the interior courtyards providing a pleasant landscaped outlook with decking and bench seating enjoyed by all occupants on warm days.

The upper level of the rectangula­r-shaped complex is accessed by two over-sized lifts capable of accommodat­ing wheelchair­s and hospital gurneys, with additional stairwell access in four corners of the building.The refreshed upper level of the facility now contains 80-bedroom suites plus a range of administra­tive areas with the lower level housing 67 guest rooms, the commercial sized kitchen and dining hall, staffing and entertainm­ent areas and a guest lounge.

Located adjacent to Linwood College and nearby Linwood Avenue Primary School and minutes to the Eastgate Shopping Centre on excellent transport links with a bus stop at the front door.

Zoned Residentia­l Suburban Density Transition, this high profile site has two convenient street frontages with the main access off Aldwins Road and secondary access from Randolph Street. Car-parking is ample with room for some 50 vehicles at the front plus an additional 25 spaces available at the rear of the site.

Opportunit­ies of this scale do not come along often and it is expected this offering could have appeal to the Rest Home industry (expansion, relocation or starting fresh) the accommodat­ion industry, community social housing groups, medical rehabilita­tion, religious housing providers, student or sporting groups all a possibilit­y with this purchase.

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Licensed Agent REAA 2008
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