Demand for retirement villas on the Central Coast is booming due to ever-increasing property prices and the region’s prime location.
RetireAustralia expects its latest release of 12 retirement villas at Forresters Beach to sell fast with a waitlist already growing.
CEO Brett Robinson said there were 25 people already on the waitlist and two deposits had been secured.
“The property boom most certainly will play a key factor in the overall sell, but what we have seen in the past and at this present moment is the villas at Forresters Beach are incredibly popular; we’re consistently getting inquiries about this village,” he said.
Robinson said the last release of new villas was in 2017 when 158 villas sold within 24 months – an average of six-to-seven villas each month.
Despite steady interest in the village, only 15 villas have been available for sale in the past three years.
Set around a network of lakes, the village has a Home Care Service offering help with household chores, meal preparation, showering, dressing and medication support among other things.
The latest, and second last, release of 12 premium villas at Forresters Beach is worth $10M.
When the project is complete, the retirement village will cater for 450 residents.
Robinson said the project had been developed over 20-year period.
“It’s really exciting to see the village’s growth after the first Development Approval was granted back in 2002,” he said.
Villas range in price from $550,000 to $950,000, each one different with a simplicity of design.
The village community features include: The Lake House overlooking a central lake; a bowling green, swimming pool and gym; a bar, lounge and café; a community garden; a workshop and arts and crafts area, a hairdressing and beauty salon; an activity centre catering for exercise and billiards; and a private village bus.
Source:
Media release, Feb 14
RetireAustralia