Obviously commenced years before the new aged care funding crisis, BUPA has just opened a 144 bed in Bankstown, one of Sydneys heartland working/middle class suburbs. Built on the old Yagoona Bowling Club site it is a $30 million investment an average of $208,000 per bed. Most private operators are saying they will cease all building going forward because of government induced bank funding uncertainty.
$36M Resthaven Bellevue Heights redevelopment in Adelaide opens doors
The South Australian Not For Profit provider has opened Stage 2 of the redevelopment of Resthaven Bellevue Heights in Mitcham, 7km south of Adelaide’s CBD.