Baldwin Living makes its first move into VIC with retirement village acquisition

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The family-run operator has purchased the 52-unit Lifestyle Estate village in Dingley Village from Australian Lifecare Developments, who have exited the sector to focus on their real estate management business.

Founded by the late Tony Baldwin over 30 years ago, the group now has seven villages in Sydney, Melbourne, Brisbane, Gold Coast and Hobart and is led by experienced CEO Paul Burkett.

The purchase marks the start of a promising year for Baldwin, which sold its last aged care facility in Sydney’s Roseville last year and rebranded from Baldwin Care Group to focus on retirement living and its newly created home care service Baldwin HomeServe.

Baldwin says sales have also been strong for 21 units completed at its Gold Coast village at Upper Coomera in December, with over 60% of the project now sold.