Aged Care

A heritage-listed stately home on Sydney’s North Shore that had been operating as an aged care facility is now on the market and is attracting interest from commercial and residential buyers.

An eight-figure sale has emerged for a former aged-care site in Northcote ravaged by Covid-19 last year.

Investors in the aged-care industry have to accept long-term lower returns as compliance costs rise, one of the industry’s most successful owners claims.

Investors and developers have been handed a rare opportunity to snap up a sprawling 1.38ha aged care facility owned by a prominent provider in the Hills district.

Prospective buyers are flocking to a large property, which spans four titles, in a sought-after Adelaide suburb about 7km from the city.

The listed Washington H. Soul Pattinson and Company and Regis co-founder Bryan Dorman have dropped their near $600m bid for aged care company Regis Healthcare, prompting a sell-off by investors.

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A Tiwi Islands escape with a built-in business could be the sea change many commercial property buyers are looking for, with a stunning oceanside opportunity creating huge interest online. Melville Island Lodge, which also includes …

Its doors might be closed due to COVID-19, but that hasn’t stopped a deluge of interest in Noosa’s Halse Lodge youth hostel site, which has hit the sale and leasing markets. The prime accommodation site …