A quiet achiever in QLD, Southern Cross Care, has completed the first stage if its redevelopment of its first care facility site in Holland Park. A bold move by CEO Peter Bell (pictured) given its location and being a vertical development in a traditionally working class suburb (but 8 KL from the CBD), the new Duhig Village is a 142 room four level facility that replaces Archbishop Duhig Court Hostel & Nursing Home. With the transfer of 80 residents from the old facility to the new plus the local demand, the new building already has a waiting list for all standard beds. The 36 bed top floor Extra Services level is filling with bonds approaching $500K. The facility y was opened (and blessed) by Archbishop XXX.
New retirement report’s golden nugget for village operators is on the final page
There is one sentence on Page 15 of the Downsizing Australia report by ASX-listed land lease community operator GemLife and the leading property website realestate.com.au that should be read by all operators: “For downsizers, the home itself must feel like an upgrade, not a compromise,?”