Mecwacare buys Melbourne retirement village
Mecwacare has picked up a Melbourne growth corridor retirement village from the former operator.
The not-for-profit paid $5.515 million for the Evergreen Retirement Village at 11 McGregor Road, Pakenham.
On 2.747 hectares it contains 76 independent living units – with two and three bedrooms – a clubhouse and bowling green.
It forms part of a broader aged-care precinct with Menarock LIFE McGregor Gardens – a 91-bed aged care home.
Colliers’ Justin Hazell and Ian Sanders with ACSL Property’s Shane Nicholson were the agents on behalf of Advise Transact.
mecwa Evergreen Retirement Village Pakenham
The former Evergreen operator held the site for nearly two decades (continues below).
It has been rebranded mecwacare Evergreen Retirement Village Pakenham.
Mecwacare already has a presence in Pakenham, Rivendell House, and nearby Berwick, where it operates Berwick Brae Gardens Retirement Village – acquired in 2023.
Its portfolio also includes assets in Ballan, Ballarat, Hoppers Crossing, Pascoe Vale, Prahran, Maryborough and Malvern.
This part of Pakenham is about 55 kilometres south-east of Melbourne’s CBD.
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