The NSW Government has approved the sale of a 2.5 hectare bock of Crown Land at Noraville, near Norah Head, to the Vietnam Veterans Keith Payne VC Hostel.
Minister for Water, Property and Housing Melinda Pavey said the hostel applied to purchase the land that it had under lease to invest in its future and provide more affordable housing options for elderly residents in the region.
"This sale is another example of the NSW Government using innovative solutions to create more affordable housing options across NSW for our communities," Mrs Pavey said.
Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said the land had only been sold after consultation with the local community.
"Vietnam Veterans Keith Payne VC Hostel is a not-for-profit aged care facility and this 2.5 hectare block of land will secure the hostel's future by providing room for future expansion," Mr Crouch said.
"Our region is expected to grow by 95,250 people between 2016 and 2041, and we need all levels of government as well as non-government organisations to meet this need."
Vietnam Veterans Keith Payne VC Hostel CEO Justin Dover said the land will help cement the hostel's future on the Central Coast.
"The securing of this land is great news for our facility as it gives us the certainty we need to be able to plan for our future and grow," Mr Dover said.
"We currently have 76 residents but have the potential for more aged care accommodation. We also run Community Assistance Solutions to provide domestic assistance, meals and other services to elderly residents in the community to support their independence".