Moran Group Pays $42 Million For Aged Care Facility and Land, Little Bay, Sydney

AGED care service provider The Moran Group has paid $42 million for a facility at Little Bay, about 14 kilometres south-east of Sydney.

The purchase price includes $33.5 million attributed to a new 137-room centre, and $8.1 million for an adjoining block of land with redevelopment potential on Brodie Avenue.

Moran Group is developing another facility at Sylvania in Sydney.

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