As retirement community options rapidly expand in Melbourne’s suburbs, buyer expectations are also steadily growing.
Factors such as an active community, modern designs, attention to health and wellness, and flexible contract choices are high on the buyer’s list.
“Residents really love the wellness program because it is unique to the needs of the village,” said Nathan Cockerill, CEO of Keyton.
“Tai Chi, meditation and chair yoga are popular, and residents also participate in the regular happy hours.”
Keyton’s new retirement village, Sherwin Rise in Wollertis a leader when it comes to offering more than just a housing option.
“At Keyton we strive to ‘lead with heart’, and this is reflected in the wellbeing offering we provide in all our villages,” he says.
Sherwin Rise by Keyton is a lifestyle-focused retirement community in Melbourne’s north.
Community counts
As residents slowly retire, they appreciate the opportunity to make new connections with people at a similar stage of life.
Retirement communities that create an environment where this can happen appear to be the most attractive to discerning buyers and those seeking connection
“At Sherwin Rise, our master plan contributes to creating a vibrant living environment.
“It has a central clubhouse with a range of communal facilities including a cinema, boules, gym, swimming pool and vegetable garden,” says Cockerill.
Sherwin Rise resident Jenny says her daily life now reminds her of when she was growing up and everyone looked out for each other and said hello on the street.
“It’s a really great community, there’s always something to do, and my sister will call me and say, ‘What’s on your social calendar today, can I see you today?’” she says, laughing.
Stylish, sustainable living
In addition to a great sense of community, buyers are looking for a home that is stylish, comfortable and sustainable.
“Sherwin Rise has two-bedroom, two-bedroom plus study and three-bedroom, single-storey homes designed for low maintenance and comfort,” says Cockerill.
Modern, open-plan living, high-quality finishes and Fisher & Paykel appliances are just some of the features that will appeal to buyers, as well as the step-free designs for future-proof living.
“Each house has an individual facade with a choice of color schemes and outside you have a covered outdoor entertaining area and a private and secure rear garden,” he says.
The homes all meet the growing call for energy efficiency and are all equipped with an environmentally friendly 3 kW solar panel system.
Well-being at your doorstep
Today’s retirement home buyer wants to live a healthy lifestyle for as long as possible and wants a community that supports this.
At Sherwin Rise, there is an on-site health and wellness coordinator who oversees programs that promote the physical, mental and emotional health of residents.
“This includes fitness classes, access to healthcare professionals and personal support that promotes healthy lifestyles, maintains independence and helps residents feel connected and valued,” says Cockerill.
The coordinator takes an active individual interest in the residents and helps them tailor a program to their personal needs and adapt activities based on their feedback.
Wellbeing and connection are at the heart of life in a Keyton community.
On the road
Another factor of well-being is access to great amenities for groceries, cafes and restaurants and entertainment.
At Sherwin Rise, residents benefit from access to the wider Aurora community, ensuring there are plenty of local shops and services to take advantage of.
“Aurora Shopping Village is just a 5-minute drive away and is close to the northern hospitals and major arterial roads,” says Cockerill.
There is also a village community bus available to residents, meaning access to all the area has to offer is easier than ever.
Contract selection
Transitioning to retirement living may require some research into the right financial model for each individual buyer.
“Each state has specific legislation for retirement villages to protect the rights and interests of residents,” says Cockerill.
Keyton offers buyers multiple payment options, including the no-participation DMF (deferred management fee) contract.
It has a lower purchase price and lower ongoing costs, and if you sell, the sale will cover any outstanding costs.
This model comes with no stamp duty, a six-month guaranteed buyback option and no sales charges.
“This means you have more money in your pocket to live your best life now,” he says.
There are many avenues to ownership at Sherwin Rise that retirees can use to secure their new home.
Construction completed – homes ready to move into.
In addition to community, wellbeing, design and contract selection, Sherwin Rise focuses on value for money.
Two bedrooms start from $499,500* and three bedrooms from $566,100*.
“Phase 3 has now been completed and residents have already moved into their new homes,” says Cockerill.
The exhibition homes are open and you are cordially invited to explore during the Open Houses from October 6 to 8, from 10am to 2pm, with further events taking place throughout the month. You can also come by for a tour every Friday between 2:00 PM and 4:00 PM.
Disclaimer:
*Prices as advertised are only available for our Non-Participating (NP) contract type. Residents do not share in the added value upon resale of the property under a NP contract. Please refer to the full contract for further information.
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