After being stalled for three years it looks like the Carnegie Cove development is going ahead but uncertainty surrounds the 104 ILU village component, despite 12 presales in the bag. Located at Bonny Hills, 15kl south of Port Macquarie, it has been purchased by a Port Macquarie/Sydney consortium. The value of the sale is not known until settlement.


RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
