Colys Holdings failed Twin Shores development in the Illawarra has been placed on the market. The land was bought in July 2003 for $1.32 million and Colys had planned to build 80 seniors living units but in September 2008 ceased trading.
The Weekly SOURCE
The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting
The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...