Within the last two weeks the value is $64.7 million in retirement villages and $77 million in
aged care, a total of $141.7 million.
Retirement Villages - 262 ILUs valued at $64.7 million
Chermside, QLD 84 ILUs $10 million
Beaumaris, VIC 18 ILUs $2.7 million
Zilzie, QLD 50 ILUs $22 million
Highfields, QLD 110 ILUs $30 million
Aged Units/Seniors Units- 155 units valued at $34.1 million
Mona Vale, NSW 6 units $1.6 million
Raymond Terrace, NSW 9 units $1.8 million
Ermington, NSW 11 units $1.5 million
Caringbah, NSW 13 units $1.8 million
Port Macquarie, NSW 56 units $24.3 million
Queens Park, WA 11 units $1.4 million
Wheeler Heights, NSW 49 units $1.7 million
Aged Care Facilities - 318 rooms valued at $37.9 million
Mannum, SA 76 rooms $0.8 million
Bega, NSW 102 rooms $17.6 milion
Yagoona, NSW 140 rooms $17.5 million
Penthurst, NSW alterations $2 million
Nursing Homes- 42 beds valued at $5 million
Port Pirie, SA 21 beds $3.5 million
Narrabundah, ACT 21 beds $1.5 million
DIGITAL EDITION
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...