Ascot Vale’s Former Marivale Nursing Home to Fetch $3.5 Million as Residential Development Site
The 30-bed Marivale facility confirmed it would close earlier this year after failing to keep up with trends in the burgeoning aged care sector. This included a preference by residents for single bed rooms (as opposed to multi-bed rooms), with ensuite bathrooms.
The former nursing home is expected to sell for around $3.5 million, according to sources, possibly more if existing structures can be incorporated into any new development, and are seen to offer any value.
