The diversified investor, which reported its pre tax Net Asset Value increased $0.9 billion to $10.8 billion in its FY23 financial result, has over 200 investments including Carsales, Ramsay Healthcare, Domino’s Pizza, IDP and Computershare.
It chose to feature its financial involvement in Provectus Care’s Sage by Moran in its FY23 Results Investor Presentation on its Property Page where it has eight investments worth $112.6 million.
Shane Moran’s Provectus Care sees the boutique high end of the retirement village market as the sweet spot. Rose by Moran in Wahroonga, 18km northwest of Sydney’s CBD, which opened in February last year, was awarded ‘Winner – Excellence in Retirement Living‘ at the Urban Development Institute of Australia – NSW Awards for Excellence in 2022.
Each of Sage by Moran’s million dollar-plus 37 residences over nine stories offer spacious, open plan living areas with large balconies. There will be a fireplace, double glazing throughout, and zoned air conditioning with temperature control to all rooms, underfloor heating in the bathrooms and a heated towel rail in the ensuite.
There are resort-style amenities including a cinema, a wellness centre with a special purpose gym and infra-red sauna, a library with business facilities, a rooftop heated swimming pool, communal rooftop gardens together with a rooftop pavilion that will feature dining and function spaces.
It is scheduled to open next month.
The Source: Million-dollar-plus apartments are within reach of an increasing number of over 55s.