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Downsizers still want plenty of room to move

While retirees may be keen to downsize they aren’t prepared to compromise on space, with demand for three-bedroom apartments in retirement villages on the rise.

While retirees may be keen to downsize they aren’t prepared to compromise on space, with demand for three-bedroom apartments in retirement villages on the rise.

COVID-19 and a desire to entertain and spend more time at home is believed to be behind the spike in demand for three-bedroom apartments at Rosemount Retirement Community at Sinnamon Park.

Wesley Mission Queensland retirement living sales and marketing manager Jenny Horne said 70 units had already been delivered in the first stage of the project which was completed in June 2019 and three-bedroom apartments had been the most popular with buyers.

“The good thing about this project is that even the one-bedroom apartments are large,” Ms Horne said.

“We recognised early in the planning stages that even though buyers were looking to downsize, they still wanted large and comfortable living spaces.”

“We are really trying to deliver what retirees want,” Ms Horne said, “so moving forward we will look to increase our offering of two and three-bedroom apartments and move away from one-bedroom apartments. “I’ve been doing this for 14 years and what I have found is that for people looking to retire, the three-bedroom apartments are always the most popular,” Ms Horne said.

She said many people were selling large family homes and while they were pleased to leave behind the maintenance of a big yard and house, they still wanted plenty of room to live in with the benefit that they could lock up and leave it to travel.

Designed to take full advantage of Queensland’s tropical lifestyle, each unit has either a spacious courtyard or balcony and there are plenty of community facilities.

“One of the things that has made this development so popular with our buyers is that it offers significant lifestyle amenities for residents,” Ms Horne said.

“Buyers really want to ensure that everything they need is close by and really demand a high standard of retirement living.”

The development for over 65s, is just 14km from the Brisbane CBD. It has a large outdoor entertaining area with landscaped gardens, an 18-metre heated swimming pool and a gym as well as an onsite cafe. There is also an alfresco lounge area, a large private function room which residents can book for events and a library. A cinema will be built as part of stage two. “Buyers have been particularly keen on the open plan layouts,” Ms Horne said.

In stage two, all apartments will have large balconies and many have a separate study or study nook. There is a secure undercover carpark with lift access and air-conditioning, while each apartment has Bosch appliances. “There is direct-lift-access from the underground carpark to your floor and it caters for those who wish to lock up and leave to go away on holiday,” Ms Horne said.

There are still 18 apartments available for sale in stage 1 comprising of 1 and 2 bedrooms. These apartments are starting from $415,000 one-bedroom and two-bedroom apartments left in stage one, starting at $415,000.

 

MEDIA CONTACT:

Wesley Mission Queensland Corporate Affairs| 0437 581 289 | wmqmedia@wmq.org.au

WESLEY MISSION QUEENSLAND

Wesley Mission Queensland is a not-for-profit organisation that has been providing support to the Queensland community for more than 100 years. Offering a wide range of community services for children, young people families, people living with disabilities and mental illness, aged care, childcare and retirement living, the work of Wesley Mission Queensland touches the lives of more than 100,000 people every year. Wesley Mission Queensland also operates Queensland’s only children’s hospice, Hummingbird House. Visit www.wmq.org.au or call 1800 448 448.