Affordable living for retirees
THE Warwick site may be the seventh Oak Tree Retirement Villages’ facility across the country, if directors Mark Bindon and Marco De Pasquale have their way, it will definitely not be the last.
The company is on a mission to break into the lucrative retirement market across regional Queensland and New South Wales – and shortly even Tasmania. But they are keen to do it with a difference.
Oak Tree Retirement Villages offer an “affordable” alternative for your senior years.
Mr Bindon said work was well under way on the proposed 62 villas planned for the Rose City along the banks of the Condamine River in West Warwick off O’Leary Street.
Tomorrow an open day will be held at the site, where works are well under way and two units have already been built, so as the Retirement Village can show off its new facility and pitch its message to prospective buyers.
The affordable villas are on the market from as little as $195,000 for a two-bedroom unit or up to $240,000 for a three-bedroom home.
The complex will feature a community centre, which will have an indoor pool and bowls green.
“Residents can travel and know their homes and gardens are looked after. They can make new friends or participate in any of the village activities,” Mr Bindon said.
Mr Bindon said the plan was to have the 62 units fully built in Warwick in two to three years.
Mr De Pasquale said the company – which already has villages in Cairns, Rockhampton and Yeppoon and is looking to build in Newcastle, Armidale, Inverell and Hobart – was very excited about Warwick.
“Warwick has been on the drawing board for a while ... there has been lots of interest and we’re upbeat,” he said.
A huge marquee has been set up for the open day tomorrow, which will run from about 8.30am.
There will be a free sausage sizzle and attendees are able to inspect the two villas which have been built.
“Interest in the village to date has been very strong and we’re expecting a big turn out on the day,” Mr Bindon said.