It rarely happens but the directors of Fernleigh Gardens in Woodcroft (Adelaide) are refusing to hand the receiver, Korda Mentha, its company records, including all the resident contracts. A number of prospective residents are fearing making substantial losses having bought off the plan.
Retirement living for the “well-heeled”: Residents begin to move into Retirement by Moran’s second venture: Sage in Cronulla
Shane Moran, the Founder and Chief Executive of Retirement by Moran, concedes admission to his residences is “not inexpensive”. Sage is an eight-storey development of 37 two- and three-bedroom apartments. The art-deco- meets-coastal-chic...