St Basil’s former aged care facility in Sydney sells for over $17 million

·

A former residential aged care facility owned by St Basil’s NSW / ACT in the inner west Sydney suburb of Annandale has sold at auction for $17.255 million.

According to Real Commercial, proceeds from the sale of the property will go towards the refurbishment of St Basil’s existing aged care facilities across Sydney and the Australian Capital Territory.

The property at 252 Johnston Street Annandale has development approval to expand and add an extra level.

252 Johnston St, Annandale, NSW. Photo: Real Commercial.

The auction saw six registered bidders with five active. The winning bid went to a private developer who plans to convert the site into affordable housing.

The sale of the property comes after the former aged care facility was shut down in September 2022.

At the time, the Chairman of St Basil’s NSW / ACT, James Jordan, said the building, which was built in the 1970s and formerly known as Sister Dorothea Village, was “no longer fit for purpose.”

Source: Real Commercial.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

From Metallica to Maritime: The many lives of Greek shipping tycoon Harry Vafias

Though Greek shipping tycoon, Harry Vafias, spends much time working, it certainly isn't a case of 'all work and no play.’

‘I want them to know their word matters’: Peter Georgiou stands against gender violence

Peter Georgiou, a real estate agent from Rushcutters Bay and father of four-year-old twins Leila and Lola, believes change begins at home.

Thessaloniki’s Byzantine walls to shine with new light project

Thessaloniki’s iconic Byzantine Walls are set to be illuminated under a major cultural initiative announced by the Greek Ministry of Culture.

Greek World Heritage Cities face rising climate threats

Iconic Greek cities—Athens, Thessaloniki, Corfu, Rhodes, and Patmos—face serious climate threats, according to a new UNESCO-backed report.

Are apps like Duolingo enough to learn Greek, or do we need a tutor?

For many people who want to learn conversational Greek, an app, can be a very useful addition to your program.

You May Also Like

First Greek Cypriot who settled in the occupied north passes away

Nicolas Skourides, the first Greek Cypriot to build a house and settle in the northern part of Cyprus has died.

World leaders react as Ukraine loses control of Chernobyl to Russian forces

World leaders have reacted as Ukraine invades Ukraine and takes control of Chernobyl from the Ukrainian forces.

Australian women’s water polo team defeat Greece at world championships

Australia's women's water polo team defeated Greece by one goal in the World Aquatics Championships - Fukuoka 2023 quarter-finals in Japan.