A Georgian Style former nursing home in Balwyn’s leafy Reid Estate has been secured by a consortium in a deal facilitated by NSL Property Group and CBRE.The consortium with majority shareholder, James Packer, will be looking to redevelop the landmark former nursing home with an estimated budget of $32,000,000 into a 3-level complex with 31 oversized apartments and 74 car spaces. Aveo group were the previous owners of the Georgian Manor accommodating 77 residents.Vendor: AveoSale Details:Total Building Area: 3731 sqmPrice $13,300,000Agents:Guy Naselli: Managing Director – NSL Property GroupMarcello Caspani Muto – Director CBREWhen contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
The consortium with majority shareholder, James Packer, will be looking to redevelop the landmark former nursing home with an estimated budget of $32,000,000 into a 3-level complex with 31 oversized apartments and 74 car spaces. Aveo group were the previous owners of the Georgian Manor accommodating 77 residents.Vendor: AveoSale Details:Total Building Area: 3731 sqmPrice $13,300,000Agents:Guy Naselli: Managing Director – NSL Property GroupMarcello Caspani Muto – Director CBREWhen contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
Vendor: AveoSale Details:Total Building Area: 3731 sqmPrice $13,300,000Agents:Guy Naselli: Managing Director – NSL Property GroupMarcello Caspani Muto – Director CBREWhen contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
Agents:Guy Naselli: Managing Director – NSL Property GroupMarcello Caspani Muto – Director CBREWhen contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
Guy Naselli: Managing Director – NSL Property GroupMarcello Caspani Muto – Director CBREWhen contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
When contacted about the lease deal, NSL Property Group Managing Director, Guy Naselli said:“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
“The prime inner east location moments from the Eastern Fwy coupled with the potential to redevelop a landmark residence made this Balwyn property an ideal fit”.Previous ArticleNext Article
