Correction: Waterbrook sells out 77 villas Stage 1 before construction

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Last week we incorrectly numbered the presales at Kevin Ryan’s new village at Bowral (Southern Highlands outside of Sydney) at 54 out of 56 homes.

Waterbrook has advised that this week they sold their two remaining homes, taking the correct number sold to 77, not 56.

The site is located at the Our Lady of the Sacred Heart boys boarding school which was originally built in 1904. Kevin Ryan is using its vast proportions to create what we believe will be the showcase retirement village for the country.

Sales would indicate buyers feel the same way. Sales have been done at prices from $1.4 million to $2.4 million.

Partial demolition and excavations have only just commenced. Final Stage Three sales commence later this year.

This is Ryan’s third Waterbrook village.

Check the website HERE.

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About Author

Chris has been a journalist and weekly commentator on the retirement village and aged care sectors for 15 years. He has interviewed residents and management at over 250 villages nationally, plus visited aged care homes across the country and studied homes and management in America and Africa. As Co-founder of The DCM Group, he has guided the business growth and is a sought after advisor to operator boards and management.