Even Australia’s wealthiest retirees recognise the future security that retirement villages offer. Set in Sydney’s exclusive Eastern Suburbs, the 6-star Mark Moran Vaucluse opened last week.
The apartments range from $850,000 up to $4 million and are the work of Mark Moran and his wife Evette. They are billing the retirement and aged care development as a “wellness and lifestyle precinct.”
So what will your investment buy you?
The village has 176 retirement and aged care units plus 14 dementia units. In line with the Group’s ‘Live Younger Longer’ philosophy, the luxurious facilities include a 1500sqm rooftop garden, a private indoor cinema, rehabilitation centre with full physiotherapy team, luxury spa, infra-red spa, 25-metre swimming pool and gym.
There’s also a restaurant serving up 100 per cent gluten-free meals – with egg- and dairy-free options – under hatted Chef Perry Hill, plus a gourmet providore and a fully-licenced bar.
Sadly, the liquor license for the site had to be scaled down from 400 people to 250 because of community concerns, so you can’t order a drink through room service – but there is a bottle shop in the village.
Still keen to live in the lap of luxury? The huge penthouse, with its expansive views of Sydney Harbour, is still for sale too – price undisclosed.