Hyegrove Willoughby has secured approval to operate as a home care provider, with services set to launch in September alongside the opening of its high-end retirement village on Sydney’s Lower North Shore, 8km north of the CBD.
Developed by Hyecorp Property Group, the $300 million vertical village includes 111 one-, two- and three-bedroom apartments and 47 private high care suites, known as Hyecare suites. Apartments have sold at an average of $2.8 million, or around $28,000 per square metre.
Hyecorp Property Group Director Patrick Abolakian told LEADERS SUMMIT in March the project was 80% sold, and that figure has since climbed.
CASE STUDY: THE RETIREMENT VILLAGE OF TOMORROW AS SPECIFIED BY BABY BOOMERS – HYEGROVE WILLOUGHBY
"We are currently at 90% sold, with sales ramping up as we prepare to open and people are desperate to not miss out. Interestingly, we also have a waitlist for our Hyecare suites (our high care village assisted living apartments) which we are releasing upon completion," Patrick said.
Around 160 residents will be the first to move into the village in September, with hard hat tours currently underway.
"The status of construction is apartments are 95% complete, with attention going into the external areas and amenities in preparation for completion in August/September," Patrick added.
Also opening in September is Club Willoughby – a 4,500sqm lifestyle and wellness precinct – along with an on-site retail village featuring a medical centre, dental practice, physiotherapy services, and an “eat street” with a bakery and cafes.
