Deniliquin Pastoral Times

Interest in seniors precinct


Plans for Deniliquin’s proposed Seniors Living Precinct are progressin­g, with community interest at its forefront.

About 30 people attended an informatio­n session at Deniliquin Golf Club on Wednesday, of the 40 who lodged an expression of interest in the precinct with Edward River Council.

Council general manager Phil Stone said Wednesday’s meeting was very well attended by people eager to learn more about the Seniors Living Precinct.

‘‘We are thrilled with the response to date which has exceeded our expectatio­ns,” Mr Stone said.

For the first time, the council is taking ‘‘fully refundable’’ deposits to secure a spot.

The developmen­t is expected to go to tender ‘‘within the next month’’ and will see the constructi­on of 31 homes in a retirement-style village over five stages.

Six homes and a communal barbecue area will be built in stage one, while 12 blocks will be serviced with infrastruc­ture in preparatio­n for the next stage while homes ‘‘may be built simultaneo­usly depending on demand’’, according to the council.

“Stage one includes the constructi­on of just six homes — we may need to move quickly to stage two given the strong demand,” Mr Stone said.

The council is investigat­ing the potential of the communal area for other developmen­t purposes. A solar catchment is being considered as another addition to the developmen­t.

Once the project has gone to tender, the council will commence marketing and selling locations in the village, with the first tenants expected to move in as early as the middle of next year.

Under the arrangemen­t, interested parties would buy into the village with a ‘‘lifetime licence arrangemen­t’’.

The arrangemen­t — standard for retirement villages across the state — means title to the properties remains in the council’s name, while a one-off entry price paid by the new resident gives them the right to stay at the property ‘‘until they choose to leave’’.

However, pending constructi­on costs the council has not announced its entry price.

The deferred management fee (DMF) will retain five per cent of the entry fee per year for the first eight years of occupancy, to a maximum of 40 per cent, meaning residents or their beneficiar­ies would receive at least 60 per cent of this entry price back on leaving the village.

‘‘The DMF helps pay for the constructi­on of the village and homes, the operation of the village and refurbishm­ent of homes when residents change,’’ the council told attendees to the meeting.

While residents are responsibl­e for telecommun­ication, electricit­y and contents insurance, a weekly maintenanc­e fee pays for ‘‘land and building insurance, rates, grounds maintenanc­e, building maintenanc­e, water etc’’, but this fee is yet to be determined.

The council plans to hold further public meetings.

‘‘Those in attendance were engaged and very keen with lots of questions and suggestion­s regarding the designs on offer,’’ Mr Stone said.

‘‘We are taking all feedback on board in these early stages to ensure the finished product meets the expectatio­ns of those wanting to live in the precinct.’’

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