Ryman Healthcare has announced it has purchased additional land beside its award-winning Deborah Cheetham Retirement Village in Ocean Grove, Victoria.
The retirement living and aged care provider, which has eight operational villages in
the state and six more in development, has purchased a 2.02ha site at 11-25
Trethowan Avenue beside the village, with plans to build a further 58 independent
living villas.
The $7.8 million acquisition will see the village, which won ‘Interior Design of the
Year’ at the Asia-Pacific Eldercare Innovation Awards in Singapore earlier this month,
offer a total 203 independent living villas, 53 serviced apartments and a 120-bed aged
care centre.
It’s the second expansion of the village after Ryman bought an additional 2.35ha parcel
of adjacent land in 2021, to accommodate a further 66 independent villas. The original
3.7ha village site welcomed its first residents in 2020.
Ryman Healthcare Australia CEO Cameron Holland said the further expansion of
Deborah Cheetham was driven by strong demand for quality retirement living and
aged care options on the Bellarine Peninsula.
“Deborah Cheetham is a spectacular village and the demand for the full range of living
and care options it offers has certainly exceeded what we expected when we first
bought the site more than five years ago,” Mr Holland said.
“The communal facilities and aged care centre are among the largest we’ve ever built,
so it’s given us the opportunity to grow the village community over time and give
more locals the opportunity to move in.
“Older Aussies deserve the peace of mind from knowing that they can live full, active
lives and have extra care and support right on their doorstep if they need it – and
that’s exactly what Deborah Cheetham provides.”
The village also offers a full suite of communal amenities, including a bar, café, indoor
swimming pool, gym, cinema, billiards room, library, and a workshop.