The Albury Council went out of its way to make sure developers did not have to face the uncertainty of an auction to buy land for a village and aged care facility. The Council bought the land for both facilities from the Albury-Wodonga Corporation and then immediately on sold them to the developer at cost. They will now be integral to a $65 million development in the small township of Thurgoona, just northeast of Albury.
Opinion
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...
