Lend Lease enters the ACT market with new retirement village

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Lend Lease has won approval to build a new ACT retirement village 20 km north of Canberra CBD at Isabella Plains. It is their first move into Canberra and they will build 122 homes with starting prices at $390,000. They commence selling off the plan next month and expect first residents to be moving in mid next year. They are heavily promoting the fact that their ILUs will have a minimum seven star ACT House Energy Rating.