{"url":"https://newsforagent.com/news/2026-10-15/vasey-rsl-care-frankston-aged-care-site","markdown_url":"https://newsforagent.com/news/2026-10-15/vasey-rsl-care-frankston-aged-care-site.md","title":"Vasey RSL Care Buys Frankston Site for Aged Care","headline":"Vasey RSL Care Acquires Cranbourne Road Site for New Frankston Aged Care Facility","description":"Vasey RSL Care has acquired a Cranbourne Road site in Frankston to build a residential aged care facility, taking ownership on 16 November 2026.","section":"Expansion","published_at":"2026-10-15T05:39:50+00:00","modified_at":"2026-10-15T05:39:50+00:00","author":"News Desk","key_takeaways":["Vasey RSL Care acquired a Cranbourne Road site in Frankston, currently a rehabilitation hospital under St John of God Health Care, with operations ceasing on 23 October 2026.","Vasey RSL Care will take ownership of the site on 16 November 2026, with planning and refurbishment works to follow in 2027.","Frankston City Council projections indicate people aged 60 and over will account for 24 per cent of the city's population by the end of 2026."],"companies":[{"name":"VASEY RSL CARE","is_primary":true,"profile_url":null,"website":"https://www.vaseyrslcare.org.au"},{"name":"St John of God Health Care","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000ene6/st-john-of-god-health-care","website":"https://www.sjog.org.au"}],"source":{"publisher":"Mirage News","title":"Vasey RSL Care To Develop New Aged Care Facility In Frankston","url":"https://www.miragenews.com/vasey-rsl-care-to-develop-new-aged-care-1760870/"},"other_sources":[{"publisher":"Yahoo","url":"https://www.yahoo.com/news/articles/jankow-cos-picked-major-project-162546495.html"},{"publisher":"Stock Titan","url":"https://www.stocktitan.net/news/TOL/toll-brothers-grand-opens-clubhouse-and-amenities-at-the-pines-at-tk9cs3grihsc.html"},{"publisher":"FinancialContent Business Page","url":"https://www.financialcontent.com/article/bizwire-2026-10-14-media-advisory-fhlb-dallas-and-arvest-bank-to-celebrate-opening-of-harrison-estates-senior-housing-in-harrison-arkansas-assisted-with-15m-grant"}],"tags":["Expansion","VASEY RSL CARE","St John of God Health Care"],"body_markdown":"Vasey RSL Care has acquired a site on Cranbourne Road in Frankston, where it plans to build a contemporary residential aged care facility, the organisation said. [Mirage News](https://www.miragenews.com/vasey-rsl-care-to-develop-new-aged-care-1760870/) reported the acquisition on October 15, 2026. The site currently operates as a rehabilitation hospital under [St John of God Health Care](https://akta.pro/company-profiles/000ene6/st-john-of-god-health-care), with operations scheduled to cease on October 23, 2026.\n\n## Vasey RSL Care's Cranbourne Road Plans\n\nVasey RSL Care will take ownership of the site on November 16, 2026, with planning and refurbishment works to follow in 2027. The organisation said the new facility will build on its longstanding presence in the Frankston region and its commitment to providing accommodation, care and support to veterans, their families and the broader community.\n\nFrankston City Council projections indicate that people aged 60 and over will account for 24 per cent of the city's population by the end of 2026, compared with 21 per cent across Greater Melbourne. Vasey RSL Care Chief Executive Officer Janna Voloshin said the new facility would help meet the community's growing need for residential aged care. \"We recognise the growing need for residential aged care and want to ensure more people can access quality care close to their family, friends and support networks,\" Ms Voloshin said.\n\nThe Frankston and Mornington Peninsula region is also home to a significant veteran community, with The Mornington Peninsula Shire having the highest number of veterans of any local government area in Victoria. \"Supporting veterans and their families remains central to our mission, and we are proud of our long-standing connection to this community,\" Ms Voloshin said.\n\nThe Cranbourne Road project complements Vasey RSL Care's broader plans for the region, including its separate Frankston South Integrated Living Development, which is designed to deliver 494 homes, including 80 residential aged care rooms, 52 assisted living apartments and 362 retirement living and affordable homes. Vasey RSL Care has lodged an Expression of Interest for funding through Round 3 of the Housing Australia Future Fund to support the Frankston South development and is awaiting an outcome.\n\n## Senior Housing Moves Elsewhere\n\nJankow Cos. Is in talks to build middle-income housing for seniors 55 and over on a 3-acre portion of the former Saint Rose campus, [Yahoo](https://www.yahoo.com/news/articles/jankow-cos-picked-major-project-162546495.html) reported on October 8, 2026. The proposal would demolish most of the 17 buildings to create about 160 apartments, with a $2.5 million investment, and the land authority voted unanimously to begin negotiations.\n\nToll Brothers opened the clubhouse and resort-style amenities at The Pines at Sugar Creek, a 55+ community in Indian Land, South Carolina, [Stock Titan](https://www.stocktitan.net/news/TOL/toll-brothers-grand-opens-clubhouse-and-amenities-at-the-pines-at-tk9cs3grihsc.html) reported on October 1, 2026. Home prices start in the mid-$500,000s.\n\nFHLB Dallas and Arvest Bank will celebrate the opening of Harrison Estates Senior Housing in Harrison, Arkansas, on October 19, 2026, [FinancialContent Business Page](https://www.financialcontent.com/article/bizwire-2026-10-14-media-advisory-fhlb-dallas-and-arvest-bank-to-celebrate-opening-of-harrison-estates-senior-housing-in-harrison-arkansas-assisted-with-15m-grant) reported on October 14, 2026. A $1.5 million Affordable Housing Program grant from FHLB Dallas, provided through Arvest Bank, helped make the $11 million development possible.\n\n## What Follows The Frankston Acquisition\n\nVasey RSL Care said it looks forward to sharing more details about the new aged care facility as planning progresses. The organisation is awaiting an outcome on its Expression of Interest for funding through Round 3 of the Housing Australia Future Fund for the Frankston South development.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}