NSW: Former Twin Shores site up for auction

May 31 2010 Updated July 4, 2023

The Weekly Source

1 min read

Colys Holdings failed Twin Shores development in the Illawarra has been placed on the market. The land was bought in July 2003 for $1.32 million and Colys had planned to build 80 seniors living units but in September 2008 ceased trading.

These new retirement villages show providing care is here and now

Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...

Click here

Ian Horswill

07 Oct 2025

Government Policy

The three aged care bombshells from Senate Estimates

Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.

Click here

Caroline Egan

15 Oct 2025

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

Click here

Ian Horswill

09 Oct 2025

Opinion

The retirement village identity crisis

It is with great interest we are following the developments in South Australia regarding the planning classification of retirement villages as ‘essential infrastructure’. The catalyst? Senior Australians locked in hospital beds with no place to...

Click here

James Wiltshire

14 Oct 2025

GemLife unveils its most expensive single-storey country club at Moreton Bay, QLD

GemLife will deliver its most expensive single-storey development to date at GemLife Moreton Bay, with an $18 million country club now under construction beside the 9ha Brolga Lake, offering waterfront and bushland views.

Click here

Central Element refiles its $94.2M CAPs DA for seniors housing after buying road in Greenwich, Sydney

Builder-developer Central Element has re-lodged plans for a luxury Community Apartments Project (CAPs) in Greenwich on Sydney’s Lower North Shore, after acquiring the public road that split its site.

Click here

Ian Horswill

4 hours ago

Government Policy

Good news for seniors housing development in NSW: Colliers

On 17 October 2025, Planning Minister Paul Scully switched off the Independent Planning Commission (IPC) referral trigger for State Significant Development (SSD) applications covering seniors housing and Build to Rent – the same change he made for in-fill affordable housing in December 2024.

Click here

$500M plan to remake Uniting’s War Memorial Hospital enters assessment

Uniting NSW.ACT’s biggest redevelopment on record – transforming the historic Waverley hospital into a “health and wellness precinct” – has moved to the assessment stage as a NSW State Significant Development (SSD) application.

Click here

Ian Horswill

5 hours ago