$83M retirement living development flagged for Sydney’s eastern suburbs

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One of the most highly sought-after sites in Sydney’s Eastern Suburbs, the Waverley Bowling Club, is on the market – 18 months after NIMBYs fought off plans to build an 80-unit retirement village and 76-place childcare centre at the site.

The owner, the Eastern Suburbs Leagues Club, is shopping around the 1.96ha site, which currently features three bowling greens and a two-storey clubhouse, with development approval to build 55 ILUs.

The design, submitted by Altis Architecture, would see four separate four separate seniors living buildings constructed at the site, with a mix of one-, two- and three-bedroom apartments, in addition to a new clubhouse and bowling greens.

JLL is handling the sell and Expressions of Interest are due to close 29 October 2020.

A spokesperson for the Easts has said the redevelopment is critical for the club’s survival which has been in deficit for the last decade.

Will a village operator offer a lifeline?