Editorials

Henley on Broadwater supported living predicts 106 sales in two years

Aug 03 2015 Updated May 3, 2023

The Weekly Source

1 min read

Talking to Patrick Smith about his Grande Pacific purchase, he says his current sales rates indicate he will have sold all 106 apartments by end 2016. This equates to a 25 month sales period, including six months with the receiver in place.

In that time he has renamed the stalled apartment block Henley on Broadwater and implemented his supported living model, offering luxury living with in-house nursing and more.

Next week we will have a video of Patrick explaining his business model form the LEADERS SUMMIT.
See his supported living model HERE.

Breaking news: Government delays new Aged Care Act

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Lauren Broomham

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Ian Horswill

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Legal Issues

Mandatory Code of Conduct introduced as major reforms to Victoria’s Retirement Villages Act pass

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Ian Horswill

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StewartBrown research now states the average age of residents in retirement villages is 80 and the average age of departure is now 86; villages are firmly part of the care system – which is broken. Village operators need to support Plan T, the...

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Laurie, 91, told she will not be able to access a Home Care Package for 13 months as 83,000 packages delayed four months

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GemLife set to be first ASX-listed retirement living business since Gateway Lifestyle in July 2015 with $313.7M revenue forecast in 2026

In November 2016, Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation launched GemLife with its first land lease community aimed at Baby Boomers on Bribie Island, Moreton Bay, Queensland. Peter already had more...

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War of words threatens every retirement village with a big financial hit

The council for a tourist city in Queensland, which has seven retirement villages, shows no care for residents as it creates new rules that will cost $60+ million p.a. nationally. The Retirement Living Council has been on the residents’ side in an...

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Ian Horswill

10 Jun 2025