Westpac Leading Conversations: big questions on retirement living’s future
What role should retirement villages play in addressing Australia’s aged care and housing challenges?
What role should retirement villages play in addressing Australia’s aged care and housing challenges?
Fiona Russell, Area Manager NSW, Levande, said the operator has had two villages – Castle Ridge, 34km north-west of Sydney’s CBD, and Lourdes in Killara, 14km north-west – withheld from sale for eight years.
The land lease operator Lincoln Place has lodged a development application for an 8.9-hectare greenfield lot within DevCore’s Coral Cove Ocean Estate near Bundaberg.
Forget gyms as glossy extras – in land lease living, wellness is now a retention strategy. With no exit fees to fall back on, operators from Palm Lake to Ingenia are discovering that the real profit comes from keeping residents happy, healthy and home longer.