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Wheelers Hill · Wheelers Hill

Ryman Sells Wheelers Hill Land for $9.1M Amid Australian Scale-Back

Ryman Healthcare has taken a reported $9.1 million for 9,065sqm adjacent to its Nellie Melba village, which is now one of Australia’s largest. The disposal is in line with the NZ operator’s scaling back on expansion plans after it came undone in a $900 million New York debt facility, post the pandemic. Realestatesource.com.au says Ryman sold the land through Cushman & Wakefield with approval for 43 apartments plus underground parking. The new bu…Read Article

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