Nieves Murray, CEO of IRT, has purchased 16 ha of pasture land adjacent to its William Beach Gardens care facility in Kanahooka, a suburb that fronts onto Lake Illawarra north of Wollongong. The plan is a staged development of 160 ILUs that will complement the existing 160 bed facility plus 60 ILUs.
Thinking of rescuing a collapsing aged care home? Expect to pay $50K to $1.5M to get the deal done
As ACCC merger reform collides with a shifting transfer system, saving an aged care home could soon cost operators months in delays and hundreds of thousands in filing fees before a single resident moves. Two big obstacles have been added to helping...