EX-NURSING HOME FOR SALE - MORWELL
Opportunity to re-develop or improve this well located ex-nursing home, currently used as a boarding house. Situated on approx. 5997m2 of land with great views, comprising of 18 rooms, lounge area, activity room, kitchen, amenities and parking. Plus a five bedroom residence and garages. Plenty of on-site carparking and within a short distance to shopping centre, TAFE, McDonalds, Kernot Hall and many more public facilities.
Must inspect to realise potential.
The size of Morwell is approximately 44.9 square kilometres. There are 31 parks, covering nearly 5.9% of the total area. The population of Morwell in 2016 was 13771 people. By 2021 the population was 14389 showing a population growth of 4.5% in the area during that time. The predominant age group in Morwell is 60-69 years. Households in Morwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morwell work in a labourer occupation.In 2021, 62.00% of the homes in Morwell were owner-occupied compared with 61.70% in 2016.
Morwell has 9,467 properties. Over the last 5 years, Houses in Morwell have seen a 75.67% increase in median value, while Units have seen a 68.03% increase. As at 30 June 2026:
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