Catering to the top end of the market, Grand Pacific has released its plans for its Mount Martha development of 409 ILUs priced at an average of $500,000. The village will consist of 15 buildings, each of 3 stories and range from studios to 3 bedroom apartments. They have just released the neighbouring waterfront townhouses and are achieving sales at $3.5 million each.
In Queensalnd their 25 level retirement tower at Marine Parade, Southport has delivered 40 sales with 9 months of construction still to go. Sales have been priced from $395,000 to $2.6 million.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...