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Jewish Care Victoria offloads huge Melbourne aged care site to fund three ‘best practice’ senior living developments – valued at 200M+

1 min read

The 3683 sqm site in Caulfield North, 11km southeast of the CBD, formerly the Mark and Dina Munzer Community Residence (Munzer) in Caulfield North, is expected to sell for between $10 and $11 million, with the funds to go towards the Not For Profit’s development pipeline which includes:

  • the $85 million St Kilda Road Stage One, The Hannah & Daryl Cohen Family Building, currently under construction;
  • a 120-bed Senior Living Community in Carnegie; and
  • The Anne and Eric Smorgon Active Living Centre, to be built as an extension to Gary Smorgon House in Caulfield.

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