Located in a desirable Taranaki town, this aged care facility offers an excellent opportunity for the purchaser to walk in and operate either as a new entrant to aged care or an existing operator increasing their portfolio.
This facility is independently owned and provides Rest Home and Dementia level care. The identified opportunity is to change the use of some rest home beds to Hospital Level Care to achieve an increased Trading Surplus and EBITDAR after discussions with the Taranaki DHB.
Offering purpose-built aged care accommodation; Reasonable level of amenity including outdoor courtyard area and grounds; Road front position with good car parking and a new concrete driveway.
With excellent staff, the facility is supported by a manager, assistant manager, registered nurse, experienced healthcare assistants and experienced administration staff.
The facility as of June 2026 is operating at 85% occupancy with 2 more residents scheduled to enter the facility July 2026, taking occupancy to approx. 88%. The reported 31/3/2026 Gross Trading Income was $2,023,910 and EBITDAR $69,733 with 64% occupancy. To note, the reported 31/3/2023 EBITDAR was $663,718 at 81% occupancy. Improved profitability will appear in this fiscal year’s figures ending 31/3/27 with the continued growth in occupancy.
This opportunity is threefold: (1) increase occupancy to greater than 90%, (2) establishing a Hospital Bed Licence and (3) future bed development on the excess land subject to Council approval.
The "entry" price is at an affordable level.
Asking Price: $4,000,000 (Plus GST if Any), Vendor Finance optional
If you are interested and would like to know more, please visit ---.--------------.--.-- to submit an online Confidentiality Agreement for reference 3823. When Frank receives your registration of interest, he will be in touch.
*Source of information - Supplied by the Business Owner
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026
Property Code: 3823
