Retirement/Aged care friendly development

Discussion in 'Development' started by Mr Darcy, 12th Nov, 2015.

Join Australia's most dynamic and respected property investment community
  1. Mr Darcy

    Mr Darcy New Member

    19th Oct, 2015
    Has anyone done a small scale retiree or aged care friendly development? My parents own a 1960s walk up block of 6 apartments in the nice Adelaide suburb of Norwood. The apartments are all 2/1/1. Want to explore redeveloping into maybe 4 townhouses, higher end, lifts, wired to get emergency medical assistance etc. things you may want when you're older without moving to a retirement village (and there are none nearby). The parents would move into one and sell the others. Has anyone done something similar or can recommend developers who have done this?