The retirement village has been on the 11,000sqm site since the 1960s providing a rental home for widows and families of war veterans.  

Despite additions made in the 1970s, the site is no longer fit for purpose. An initial plan to redevelop the units was not financially sustainable or responsible for Central Coast Legacy, which has secured 23 apartments at an adjoining property as rental on a 5×5 head lease including an on-site manager unit and common/meeting room for residents and volunteers. 

As a result, the retirement village site has been put for sale, with all funds the charity organisation. 

The organisation provides more than $900,000 in funding each year to support war widows and families of veterans on the Central Coast, with no government support. 

All current residents will be accommodated in the new apartments, at the same rental rates, with rental costs supplemented by the Legacy Welfare program, and relocated by local company Transition Angels in the next few months. 

Chief Executive Officer Pete Lawley OAM said the residents would be housed in affordable housing, supported both financially and with continuing services from Central Coast Legacy, in new 65sqm one-bedroom apartments/studios, in comparison to their current 21sqm bedsitter units at exactly the same rent. 

Potential buyers should contact Toby Silk, CBRE Head of Metropolitan Investments Team in Sydney's North, on 0422 143 813 or email toby.silk@cbre.com.au. 

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