TLC Healthcare has awarded the building contract for the $24M redevelopment of Homestead Estate in Wallington, 93km from Melbourne on the Bellarine Peninsula, to Ireland Brown Constructions and principal consultants Baldasso Cortese.
The project will see its Homestead Lakes and The Homestead facilities combined into a single 260-bed facility, adding 125 beds (at $250K per bed, that’s around a $65M investment)
The new estate will also include a community healthcare hub for residents and the wider community with a medical centre, allied health services, a retail healthcare outlet and pathology collection centre.
TLC is led by Lou Pascuzzi as CEO. It is the largest family owned aged care provider in VIC.