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We are hearing reports of very healthy increases in village valuations on the back of both private and not-for-profit operators, proving to be willing buyers.
For retirement village sales, the next three months is the crucial residential sales period leading up to the November/pre-Christmas peak - a time which sets the sentiment for village sales through to next Easter.
Southern Cross Care SA & NT received approval last week from Unley Council to build a four-storey facility on the site of a former Myrtle Bank convent, despite currently only being zoned for two storeys.
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.
Barwon Investment Partners is seeking new funding and investment opportunities in the village, MHE and care spaces
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.
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