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Newcastle Herald
Newcastle Herald
Jade Lazarevic

Stockton aged care facility sells for $10.55 million

Stockton Moran Shane Nicholson Eric Scott Health Care Act Amp

Moran Health Care Group has announced that it has re-entered the aged care sector within the Hunter following the purchase of Presbyterian Aged Care NSW and ACT's Wescott residential aged care facility in Stockton.

The 122-bed facility has recently undergone a multimillion-dollar refurbishment to meet the standards of modern-day resident care and lifestyle, and to create a higher standard of working conditions for its close to 50 staff members.

The Moran family previously held aged care facilities in Mount Hutton, Port Stephens and Raymond Terrace before selling part of the portfolio to AMP.

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