$45M VIC master-planned community planning retirement village and aged care precinct

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The 711-hectare master-planned estate Woodlea Town Centre development is making space for a co-located retirement and aged care development in Woodlea, 30km west of Melbourne.

The developer has set enough space aside for 100 independent living units, retirement living apartments and an aged care facility.

Victoria Investments & Properties (VIP), Mirvac and Knight Frank are now on the hunt for an independent project partner to help deliver the aged care precinct.

Woodlea Town Centre is currently home to about 7,000 people, but this number is expected to rise to 20,000 once complete.

Woodlea Project Director Matthew Dean says the plans are all about ensuring there’s something in the community for every age and demographic.

“There are aged care and retirement units within the surrounding area but there is nothing of this size or calibre that integrates different living options within the same precinct,” he said.