The usual development hurdles have been blamed for the delayed Bonny Hills development but the Carnegie Cove project is moving forward, says project manager Lincoln Daley. Carnegie Cove is a development by the Australian Retirement Group and managed by Bendix Constructions. In total around $160 million will be spent on the 415 hectare Bonny Hills site. Stage one works include the construction of an over 55s residential estate and shopping centre.
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...