People aged over 55 now have the option to retire in style with the completion of the Central Coast’s first luxury vertical retirement building at Wood Glen retirement village in Erina.
The Rise is a $46M boutique apartment project by RetireAustralia, consisting of 24 contemporary residences.
The complex was officially opened recently by the RetireAustralia Chief Executive Officer, Dr Brett Robinson, Parliamentary Secretary for the Central Coast, Adam Crouch, and the village’s new and future residents.
Robinson said The Rise at Wood Glen caters for a fundamental shift in the way modern downsizers are now viewing retirement as more and more people look to apartments over houses.
“It is a premium product; we see people are looking to the vertical option over the on-ground because they don’t want as much to do with a garden, yard or its upkeep,” he said.
“I think for some people, particularly people from Sydney … they want to maintain apartment living but want to be on the Central Coast.
“Our philosophy has been to create a lifestyle without compromise for residents at The Rise, along with tailored home care services to help them maintain their independence.
“We’ve already welcomed our first residents and we are looking forward to many more moving in during the weeks ahead.’’
Apartment prices range from $600,000 with penthouses closer to $1M.
The building comes with a lift for easy accessibility, drawers instead of cupboards, larger light switches and more.
Wood Glen also offers residents community facilities, including a resort-style lodge and bar, auditorium, hairdressing salon, library, pool, spa, gymnasium, outdoor entertainment areas and bowls green.
The next stage of the project is planned for right next door and expected to start later this year due.