A new approach to living for the over 55s planned at Lakelands
27/11/2006Peet Limited has announced plans for an architecturally appealing, resort-style village for the over-55s in Mandurah. The project site is part of the highly successful Lakelands Private Estate and is the national property company's first venture in the growing retirement market.
The 194-villa development has been carefully planned to reflect the modern, high quality look and feel of the surrounding residential estate and the ocean-side lifestyle of Mandurah.
The new community will feature quality homes, landscaping and superior facilities such as the village's own iconic resort-style clubhouse.
It is also ideally located within walking distance of Mandurah Road and the proposed town centre, and less than five minutes drive to the beach. With plans for the Kwinana Freeway extension and the proposed Lakelands train station, residents will be just 40 minutes from Perth.
Peet Limited's Managing Director, Warwick Hemsley, said the project represented a new approach to over-55s living.
"The new community at Lakelands will give over-55s the opportunity to secure their own free-standing home in a village that has been master planned to be totally integrated with one of Peet's most sought-after residential estates," Mr Hemsley said.
"In addition to providing security, active lifestyle options and a real sense of community, the development will offer residents greater freedom, privacy and a wide range of spacious homes," he said.
"Creating an over-55s community within this award-winning estate will also give families real opportunities to live close to one another, while still maintaining their independence."
Peet's entry into the over-55s development market is part of the company's diversification into an expanded range of property and funds management services.
Peet aims to create quality developments very different to traditional retirement villages, offering a high standard of living and sound property growth.
Peet is currently planning further developments on its estates and other suitable sites within its extensive land bank in Western Australia and Victoria.
The Lakelands development will be constructed in eight stages over three to four years with the first villas scheduled for completion in around November 2007.
Peet Limited is currently seeking expressions of interest for this exciting new development – to register your interest please call Kellie or Louisa on 1800 657 115.
