KENMORE Hospital is back on the open market after a deal with administrators to buy the facility fell through.
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One of the interested parties is Sydney investor, George Tzovaras, who will next week also try to convince councillors to sell him Goulburn airport.
He wants to establish a university, among other things at Kenmore.
Creditors voted at a meeting last week to liquidate embattled Kenmore owners Longreach Capital Pty Ltd. The company had been under administration since last May, with secured debts of $4.5m.
The debt related to the former psychiatric hospital on the Taralga Rd, which it purchased from the State Government in 2005 for $3 million.
Liquidator Murray Smith of McGrathNicol said creditors voted at an October 21 meeting to liquidate the company.
It came after a Deed of Company Arrangement (DOCA) negotiated by Sydney identity Jim Byrnes and involving Paul Menere and an unknown investor fell through. They had proposed paying administrators $4.75m for the site, including the payment of secured creditors.
For the full story, please see Friday's Goulburn Post, available from our front office in Auburn St, or at all leading newsagencies across the Goulburn area.
