Ryman sets sights on fifth retirement village and nursing home

NZ provider Ryman sets sights on fifth retirement village and nursing home in Melbourne.

New Zealand’s largest retirement village operator has bought a 1.2 hectare site at Coburg, 10km north of the Melbourne CBD, where it plans to build a NZ$200 million retirement village.

The site, which was formerly a school, will also feature independent living and serviced apartments plus an aged care centre and dementia care.

While the price hasn’t been disclosed, Ryman recently splashed out over $30M to purchase the historic Moondah Estate at Mt Eliza on the Mornington Peninsula.

“Coburg is an established suburb close to central Melbourne and our research shows that retirement living options are limited in the area compared to the size of the older population,” Managing Director Simon Challies said. “We want to build a village with comprehensive care so Coburg retirees can stay in the area they love without having to move to get help. It will be the first village of its kind in the area which has a significant older population.’’

The site had been previously approved for a large residential development and the resort-style village will include an indoor swimming pool, spa pool, library, hair and beauty salons, café, movie theatre and a bowling green.

Ryman opened its first village in Melbourne in 2014 and Mr Challies says the Coburg site is of major importance for the provider.

“In May 2015 we set ourselves the target of having five villages open in Melbourne by 2020. This means we are well on target to achieve that goal,” he said. “We have a great team in Melbourne already which we will continue to expand quickly to enable us to meet our ambitions.’”

Ryman Development Manager Andrew Mitchell said he would be working closely with the community during the design process to ensure that the village met with local approval.

“We want to design a village that the community will welcome. It is a great spot – not only because it overlooks the Coburg oval and a reserve but it will also give residents views of Melbourne city.”

Popular Articles

View All Articles
Article Img
Your sense of balance later in life can be crucial – how to improve yours

A fall at a later stage in life can be scary, and can even cause some serious damage. A sense of balance is not something we’re all equipped with, so as you age, falls can be a real sense of anxiety. However, there are lots of things you can do to prevent falling by improving your balance.

Article Img
Retirement village family open their first land lease community

Well-known retirement village family open their first land lease community in Victoria The Gannon family, led by Tom and Michael Gannon, have unveiled 226 homes at the Lucas Lifestyle Estate in Ballarat.

Article Img
73% of Australians willing to sacrifice inheritance for aged care

Nearly three-quarters of all Australians are willing to sacrifice their own inheritance so their parents and grandparents can enjoy the retirement they deserve, according to a new report by B2B aged care service CompliSpace.

Article Img
Volunteers are the backbone of the aged care sector, and more are needed

Tens of thousands of people, of all ages, such as 90-year-old Lily Burns and 20-year-old Charlise Hannagan, volunteer in aged care homes. The Change Makers is the theme for this year’s National Volunteer Week, 15 to 21st May, which celebrates the vital work of volunteers.

A special thanks to our contributors

Jill Donaldson


Jill has been practicing as a clinical physiotherapist for 30 years. For the last 13 years she has worked solely in the Aged Care sector in more than 50 metropolitan and regional facilities. Jill has also toured care facilities in the US and Africa and is a passionate advocate for both the residents in aged care and the staff who care for them. She researches and writes for DCM Media.

Chris Baynes

DCM Media, agedcare101

Chris has been a journalist and publisher in the retirement village and aged care sectors for 11 years. He has visited over 250 retirement villages and 50 aged care facilities both within Australia and internationally. Chris is a regular speaker at industry conferences plus is a frequent radio commentator.

Annie Donaldson

Nurse and Carer

Annie has a long career in both nursing and the media. She has planned and co-ordinated the medical support from both international TV productions and major stadium events. In recent years she has been a primary family carer plus involved in structured carer support.