Government Policy

Baptcare partners with Victorian state government and Frasers for new $160M aged care centre

Nov 15 2016 Updated May 3, 2023

The Weekly Source

1 min read

The centre in Westmeadows, 17km north of the Melbourne CBD, will include a 90-bed aged care facility as well as 110 new social housing homes and 34 independent living units for older residents in a co-located village.

The site will also be home to more than 200 new private homes for sale, plus parklands and community facilities.

The project is a joint venture between the VIC and TAS-based Not For Profit, leading residential developer Frasers and the Victorian State Government.

Construction began in early November and the project is expected to be completed by late 2017.

Pictured (from left to right): Baptcare acting chief executive Brent Dankesreither, Parliamentary Secretary for Health and Carers, Mary-Anne Thomas MP and Federal Member for Calwell, Maria Vamvakinou MP.

Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania

Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...

Ian Horswill

22 Apr 2024

Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham

24 Apr 2024

Opinion

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes

22 Apr 2024

Development

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Ian Horswill

16 Apr 2024

First stage of Reside Communities’ $200M Fairway Carindale, Brisbane, unveiled

The first stage of the development at Brisbane’s Pacific Golf Club features 52 luxury apartments alongside a new restaurant, bar and café, virtual reality golf simulator,18-hole putt putt course. A number of apartments remain for sale in the first...

Ian Horswill

2 hours ago

The Weekly SOURCE

Common Equity’s Senior Housing Micro Cap for the Vietnamese community in Cabramatta, Sydney, opens

The Lasa Street co-operative seniors housing project in Cabramatta, 30km southwest of Sydney’s CBD, has been designed by Stanton Dahl Architects for the specific needs of Vietnamese seniors. The 13-homes development, an alternative to a retirement...

Ian Horswill

2 hours ago

The Weekly SOURCE

Nine years later, one of three approvals needed for Mbark’s retirement village at Federal Golf Club, Canberra, approved

The golf club in Red Hill, 7km south of Canberra’s CBD, has been given approval by the ACT Government to reconfigure the course for a 125-dwelling retirement village agreed between the two parties in October 2015. The fate of the $103 million...

Ian Horswill

2 hours ago

The Weekly SOURCE

VincentCare Community Housing plan 84 over-55s senior housing units

The subsidiary of St Vincent de Paul Society Victoria wants to transform an 18,211sqm site with 30 independent living units over six buildings at Kennington, a suburb of Bendigo Affordable Housing Solutions has submitted plans by E Plus Architecture...

Ian Horswill

2 hours ago