But with sales data from CBRE showing six out of eight aged care facilities sold in the state since the start of last year went to non-aged care providers, there are concerns the industry’s capacity could be falling.
His concerns come as CBRE’s Australian Healthcare and Social infrastructure commence the sale of a now vacant 115-bed aged-care home at 296-302 Springvale Rd, Donvale. Bolton Clarke’s Callisto Place at Bundoora, which is currently under construction, will include 90 contemporary retirement apartments.
“There are a lot of beds taken up in aged care facilities by NDIS participants who can’t find suitable accommodation,” Mr Logan-Alessio said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: