$37m construction contract underpins positive outlook for Victoria

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Rivergum Homes is delighted to announce its success as winning proponent to construct 146 independent living units through Lend Lease Retirement in the Aurora precinct – with first on site activity commencing in March 2019.

This is a major achievement for the group and the highest contract ever won – $37M in total to run over 24 months. This takes the business’ growth region to more than 225 dwellings over 2 major projects to be constructed through 2019 and 2020.

It joins the successful ‘YoYo’ terrace home development, also located at Aurora, where 72 Torrens title homes will be constructed. Stage 1 in that project is now sold out, and commencement of construction of the first homes in September 2019 follows completion of civil works that are currently underway.

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