A NEW lifestyle community is set to get off the ground in Port Stephens, NSW.
Seniors living operator Ingenia's new over-55s community will be set on almost 30 hectares in Anna Bay, and will include 229 new homes and there are plans for a $5million clubhouse with a pool, library, bowling green, cinema, gym and sports bar.
Ingenia chief executive Simon Owen was joined by other company officials and Robson Civil Projects project manager Ty Bryan the weekend at a ground breaking ceremony on the site.
Mr Owen said many seniors were unaware there were alternative housing solutions available for them.
"The Ingenia Lifestyle model is unique in that buyers purchase a new, architecturally-designed home and lease, rather than own, the land," Mr Owen said.
"This eliminates the requirement to pay stamp duty, ensuring a much more affordable entry price point and freeing up a substantial amount of equity raised in the sale of their previous home."
The new lifestyle community adds to the Group's portfolio of established communities which employs more than 50 people in the NSW Central Coast and Newcastle region alone.
Newcastle company Robson Civil Projects has been chosen to deliver the new community in Port Stephens.
