Refurbishment pays off for Presbyterian Aged Care

A major refurbishment by an aged care provider in Sydney that saw a mix of single and double rooms turned into dementia and non-dementia suites has enabled the provider to increase its maximum RAD by $690,000.

Stage one of ‘The Terraces’ in inner Sydney – owned and operated by Presbyterian Aged Care – has recently been completed, transforming the former 88-bed residential aged care facility into a 100-bed facility including a 23-bed dementia unit.

While a single room previously fetched a RAD of up to $360,000 the 22 new non-dementia level 6 suites are listed as $1.05 million and $850,000 for the 22 dementia-specific suites.

Designed by JPR Architects, space has been created for future community care programs and a range of amenities such as a cafe and health and wellbeing centre for residents and visitors.

An additional 13 independent living units will open in the middle of 2018, with nine of them in the original heritage building.

Designed to accommodate “ageing in place” the facility in Paddington will provide respite, residential, dementia, and palliative care. There are multiple lounge, dining, and activity rooms, a hydrotherapy spa bathroom, and all rooms have their own ensuite.

The former Scottish hospital site also houses retirement living apartments.

 

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