Ryman Healthcare has decided not to proceed with a contentious retirement development of Mt Eliza’s Moondah Estate on Kunyung Rd and is reported to have offloaded the site at a loss. A statement from Ryman, seen by The News, said “Ryman has recently been assessing its future village development sites across Australia”. “Unfortunately, we’ve decided we are no longer progressing a village at Mount Eliza and instead will pursue other locations within Victoria. As such, we will be progressing the sale of our site at 70 Kunyung Rd.” Ryman Healthcare, which owns and operates 49 retirement villages in Australia and…
Wednesday, December 17
