Shane Nicholson of Colliers advertised the six-story/77 ILU Serene Living development at Tweed Heads for sale with expressions of interest closing 21 November and the successful buyer, Fenton Norrie, kick started construction last week 18 weeks later. The cost of construction is $25 million+. The development was in receivership with Grant Thornton after multiple parties had attempted to put together a deal given it had 70% pre-sales, largely thanks to its location directly across the road from the Tweed Heads Bowling Club, the largest in Australia. The architect is Marchese Partners.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...