A 17 story residential apartment block approximately 5 years old and located in Crows Nest, 5
km north of Sydneys Harbour Bridge, has been bought by the Abacus property group for $36
million with the intention of converting it into 95 ILUs. Abacus is a joint-venture between New
Zealands Mr Cliff Cook and Chicagos Mr Sam Zell. They are targeting high wealth retirees.
$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.