News | Plantations

Ecstatic downsizers first choice resort-style living

Coffs Harbour downsizers are set to secure their future sooner than planned, with Ingenia Lifestyle’s new $75 million community – Plantations – launching its VIP buyer registration club.

In a bid to meet surging demand for over 55s resort-style living along New South Wales’ north coast, Ingenia Lifestyle has launched into pre-sales mode ahead of schedule with two sell out events as buyers rush to secure their new home.

Soon-to-be residents Brian and Diane Greenwood said they were thrilled to be able to view the plans for Plantations early thanks to registering with the Ingenia Lifestyle First Choice Club, which secured them priority access to select their preferred home design in the new gold-class community.

“The home prices in Plantations are so affordable that we were sold the second we saw the sales office – I am beyond excited,” Mrs Greenwood said.

“We have been in love with the development since day one – the price means we will have extra money to fund all the things we had hoped to do in retirement, such as caravanning around Australia and holidaying overseas.

“The security that comes with living in a community such as Plantations gives us peace of mind about being able leave our home and travel whenever we want to.

“Our desired home will have everything we need, two-bedrooms, open plan living and a big alfresco dining area out the back which will be perfect for when we entertain – something I love to do.”

With housing affordability a growing concern on the north coast of New South Wales[1] and front-of-mind for many over 55s, the new community is a welcome addition to the area, where buyers are seeking to minimise their financial risks as they pursue downsizing options.

Lifestyle-focused land lease communities have a strong foothold in the market, setting new benchmarks and breaking down the walls of confusing contracts, complex financial arrangements and questions over legalities.

Ingenia Chief Operating Officer Nikki Fisher said land lease living replaces uncertainty with a more affordable, simple and transparent ownership model.

“Land lease living is not your average retirement community, it saves seniors thousands of dollars with a more affordable price point while introducing a whole new housing market that is not just for retirees but for all types of downsizers,” Ms Fisher said.

“Our unique model means residents purchase a brand new home and lease the land, meaning they don’t have to worry about paying strata management or body corporate fees, council rates, stamp duty, exit fees or even refurbishment costs.”

The lifestyle-oriented community will also feature a resort-style clubhouse, which is set to include a gym, heated pool, library, lawn bowling green, cinema, consulting rooms, alfresco BBQ area and sports bar.

Set on 19.5 hectares Plantations by Ingenia Lifestyle is the next Star Collection community to launch under Ingenia Lifestyle’s gold-class brand.

Construction on homes has already commenced, with the first residents to be welcomed from early-2019.

For more information or to register for Ingenia Lifestyle’s First Choice Club, please visit https://www.liveinwoolgoolga.com.au/.
[1] Affordable Housing, Regional Development Australia 2017