A $5 million lifestyle centre at Forresters Beach Retirement Village called The Lake House has been completed.
The centre, which has been under construction for 14 months, is typical of RetireAustralia’s Central Coast retirement product.
“Think top end, luxury resort style lobby, merged with relaxed open spaces, modern furniture, bold artworks, fresh textures, abundant sunlight and impressive views to greenery and water,” said RetireAustralia’s managing director Mr Tim Russell.
“Set amongst contemporary villas, palm trees, manicured gardens and the region’s famous sand, surf and national parkland, the lifestyle centre offers retirees endless opportunity for social connection and activity.”
RetireAustralia’s head of development and construction Mr Glen Brown said: “We have seen a very healthy upswing in demand for our villages, particularly in our new retirement product on the Central Coast.”
“This trend has given us confidence to invest strongly in the region.
“Buyers are continuing to seek out the Central Coast’s stunning natural environment, unbeatable value for money and refuge from the city’s hustle and bustle.
“For less than the price of a small home in Sydney, retirees are realising they can live only a short drive away in a stunning, maintenance free, luxury villa with access to resort style facilities, perfect for entertaining,” said Mr Brown.
The Central Coast is the company’s superior product and in the 2014 – 2015 fiscal year, investment of over $30 million will be made with 100 brand new villas in the development pipeline at three of its four Sydney alternatives: Forresters Beach, Glengara and Wood Glen.
By the year 2019, the company plans to have built 450 additional Central Coast villas with capital expenditure reaching over $160 million.
Media release, 30 Jul 2014
Joanna Haines,
RetireAustralia