NSW: Hindmarsh to develop Redhead units on Government land

Aug 05 2010 Updated July 4, 2023

The Weekly Source

1 min read

Hindmarsh Property has been appointed by the New South Wales government to develop and operate 220 independent retirement living units on government owned land in Redhead, 15 minutes from Newcastle.

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

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

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

Keyton plant 1000 trees in major rehabilitation effort at its Sunshine Coast village development

Repeated protests have been held over the clearing for a co-located retirement living and aged care home on a five-hectare wallum habitat in Sunset Beach, about 3km from Noosa, identified as a priority feed area for the endangered Glossy Black...

Ian Horswill

22 Apr 2024

Redevelopments

Exclusive: Retirement by Moran finalises purchase of huge Wesley Taylor Village on Sydney’s Northern Beaches and reveals development vision

Managing Director Sally Taylor said Retirement by Moran can now proceed with plans to redevelop the whole of the 9,234sqm site of The Wesley Mission’s Wesley Taylor Village and Residential Aged Care home adjacent to the beach at Narrabeen. They took...

Ian Horswill

22 Apr 2024

Redevelopments

Unnamed aged care operator buys vacant seniors living facility in Melbourne

A vacant seniors living facility on a 1.04 hectare site in Boronia, 30km east of the Melbourne CBD, has been sold to an aged care operator for an undisclosed amount. The home, formerly called Maryville Hostel and operated by Good Shepard Aged Care...

Caroline Egan

18 Apr 2024

Redevelopments

Private aged care operator TLC Healthcare commences $27M redevelopment of Geelong healthcare precinct

Private aged care operator TLC Healthcare has begun a $27 million redevelopment of its Belmont healthcare precinct, located close to the centre of Geelong, Vic. The redevelopment will add 15 new luxury suites and redevelop the on-site medical centre...

Caroline Egan

11 Apr 2024