New private entrants to aged care are also making their mark on the retirement accommodation scene.
contract is valued at first release of apartments and suites in the Mark Moran Vaucluse village development is experiencing strong expressions of interest. Deposits have been taken for apartments across the price range from $695K up to $3.5M: this top figure will establish a record in the retirement sector. It delivers you a three bedroom plus study with panoramic harbour views.
The development is unique in the Eastern Suburbs of Sydney, offering 109 apartments and suites co-located with an 81 bed care facility. The four story development has been designed by Marchese Partners and the $100M construction by Brookfield Multiplex has commenced.
Mark Moran together with his sister Yvette bought the site for $23.5 million in 2011. It was originally Vaucluse High School and acquired as a retirement village site by Zig and Peter Inge.
