Living Choice purchases second Adelaide retirement village

Just three months after opening Living Choice Fullarton, a 140-apartment retirement village in Fullarton, Living Choice Australia Ltd has announced the acquisition of Fernleigh Gardens Retirement Estate in Woodcroft.

Located 20kms south of the Adelaide CBD, the village – which currently has 129 retirement villas and 28 apartments – has been renamed Living Choice Woodcroft and is the 9th operating village in the Living Choice portfolio. It is the second South Australian village for the Adelaide born-and-bred directors, Ian Tregoning and Graham Hobbs.

The purchase is set to be a major boost for the City of Onkaparinga’s economy, with an extensive expansion program planned at the 21-year-old village, which was placed in receivership in May 2012, leaving the 203 residents in limbo.

Doug Tilley, chairman of the Residents’ Committee, said the residents were thrilled at the news that Living Choice had purchased the village. “We are all looking forward to the future with immense confidence,” he said.

“Our residents have endured some difficult and challenging times over the past 21 years but as a result, are a very united and cohesive group. The plans for our future, as outlined by Living Choice, give us enormous optimism of a dramatically enhanced retirement lifestyle for our current and future residents.

“We are excited that we will be re-branded Living Choice Woodcroft and that our dream of being the ‘jewel in the south of retirement living’ in Southern Adelaide will now be fulfilled,” he added.

Living Choice director Ian Tregoning said the company was looking forward to bringing the Living Choice stamp of quality and design to the Woodcroft village. “Our design team is already hard at work, improving the current home designs as well as finalising designs for future villas and apartments. It’s hard to believe that the residents have never had a leisure centre and plans are well-advanced to create a meeting place that they can all enjoy,” he said.

The City of Onkaparinga is the largest LGA in South Australia, with an estimated population of 164,800 people in both urban and rural communities. Living Choice director Graham Hobbs said an extensive marketing program would be undertaken to sell the 24 vacant homes at Living Choice Woodcroft and promote the future stages.

 

Above photo: Celebrating the sale of Fernleigh Gardens Retirement Estate to Living Choice are (from left) Bob West (Committee Vice President), Doug Tilley (Committee President), Kathy Stacey (village Manager), Jason Sack (General Manager) and John Stilgoe (Committee Secretary).