The $23 million redevelopment of the former Commonwealth Games village has seen the Parkville site redeveloped as Mercy Place Apartments. The majority of the village has been built by Australand and comprises of 52 ILUs. A spokesperson for Mercy Place Apartments stated that a medical centre will open within months. Mercy Place Apartments is 80% sold.
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Mini-series 2: Retirement living reinvented
From Accommodation to Aspirational Living The retirement village of tomorrow won’t look like the village of today. Operators are rethinking models, funding, and care integration to meet the needs of wealthier, more demanding Baby Boomers. This...