Northcote Aged Care Facility to be Sold

ANOTHER religious based group is disposing a prime located suburban asset, which is likely to be redeveloped as flats.

This time, in Northcote, Churches of Christ Community Care is selling the former Fred Combridge House aged facility at 1A Campbell Grove, and high on Ruckers Hill (aerial image, right).

The former 30-bed facility is spread across a 2712 square metre site, and, according to Fitzroys selling agents Charles Emmett and Geoff Emmett, is expected to arouse developer interest and sell for between $5 million – $5.5 million, reflecting a rate per square metre of land, of approximately $1850 – $2000.

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