Construction has commenced on a second clubhouse and the last 68 homes in an existing Sunshine Coast land lease community acquired by ASX-listed Ingenia earlier this year.
Homes now under construction at Ingenia Communities’ Nature’s Edge project at Forest Glen will be available from $559,000.
Ingenia Communities General Manager Residential Justin Blumfield said the development of more retirement living opportunities was vital as a larger number of Australians move towards retirement age.
“We’re very excited to be expanding the Nature’s Edge community to welcome more residents on the Sunshine Coast, a region that has long been popular among downsizers.
Where land lease living was once an alternative housing solution for downsizers, it’s very much becoming the mainstream as people look to maximise their lifestyle and social opportunities through their retirement.”
State MP for Ninderry Dan Purdie said he was thrilled to see more residential opportunities coming to the region.
“I am so happy to be a part of a new land release on the Sunshine Coast when many are currently scrambling for housing,” Mr Purdie said.
“I welcome Ingenia’s expansion and the construction of homes that will also translate into jobs and a boost to the local economy.
“The lack of housing stock we are currently experiencing in the face of increased internal migration has placed increased pressure on the market across the board.
“There is no doubt that local and interstate buyers are realising the amazing lifestyle and amenity that is on offer here on the Coast.
“I am proud to work with my local community to open up opportunity and meet need.
“I have heard great things about Ingenia and their attention to detail and the high quality of housing and lifestyle options they provide.
“I look forward to the role they will play in supporting residents of Ninderry.”
Find out more:
- What is a land lease community?
