This article is from the Australian Property Journal archive
NEW Zealand listed Ryman Healthcare continues to ramp up its expansion in Australia with plans to develop a new $100 million retirement village in Geelong.
The new village in Highton will be Ryman’s sixth village in Australia.
The South Valley Rd site in Highton covers 3.2 hectares and is a privately-owned site.
Development manager Andrew Mitchell said Victoria’s second biggest city had been on the company’s radar for some time.
“Geelong is a vibrant city with an ageing population and we think residents will like the concept of a resort-style village with a continuum of care. We know Geelong residents love the place, and it will be great to be able to build them a retirement village so they can be cared for without having to move,” Mitchell said.
Ryman also has sites at Burwood East and Coburg in Melbourne and at Mount Eliza on the Mornington Peninsula.
Australian Property Journal
