Not For Profit Montefiore’s first dip into independent retirement living is 90% sold, with only seven of the 79 apartments, ranging from $1 million to over $3 million, at M by Montefiore at Randwick, in Sydney’s Eastern Suburbs, still unsold.
“90% have been sold and I am confident with three mornings teas planned in May that all will be gone by the end of the month,” said sales manager Jill Fellowes.
There are 11 one-bedroom apartments with study, 61 two-bedroom apartments with study and 7 three-bedroom penthouses with study and wrap around balconies in the development, reported to cost in excess of $100 million to build.
“The penthouses were sold very early on. I wish I had more to sell,” said Jill.
M by Montefiore has a concierge, a lobby bar, inhouse cinema and swimming pool. There is a private shuttle bus and 24-hour support.
M by Montefiore is a new departure for the Jewish Not For Profit known for its aged care services for 130 years. Its 276 single room residential aged care campus in Randwick is close to M by Montefiore. It also has RAC homes Woollahra Manor in Sydney’s eastern suburbs, and in Hunters Hill on Sydney’s North Shore.
