Platino Properties adds a fifth high-rise seniors living block in Sydney suburb of Greenwich

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Platino Properties is proposing to build its latest Community Apartment Project (CAP) in Greenwich, a suburb on the Lower North Shore, 7km northwest of Sydney, which already has four retirement villages.

The $19.3 million plan is for an eight-storey development, featuring 37 independent seniors’ units, with two outdoor terraces, community gardens, and a room for a GP or other health services on the Pacific Highway. There will be shops on the ground floor and parking for 53 cars.

Platino is guided in its CAPs developments, targeting downsizing retirees by Simon Militano, the ex-Executive head of Development for Lendlease Retirement.

The location delivers views to the Blue Mountains on one side and views across Gore Hill Cemetery on the other side.

Platino Properties had its plan for a six-storey 49-unit seniors living and mixed use CAP in Frenchs Forest, 13km north of Sydney’s CBD, approved by the Sydney North Planning Panel in June 2019. Consultants Keylan successfully lodged a modification seeking to reduce the amount of commercial/retail floorspace and increase the number of seniors’ apartments to 56.  The development, Jardin, has achieved record sales withal stock deposited.