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Tasmania’s community-owned Northbourne Park Retirement and Rental Village to double in size

1 min read

51-year-old community-owned independent living provider Northbourne Park Retirement Village in Scottsdale, 63km northeast of Launceston, Tasmania, is set to double in size.

The Not For Profit Northbourne Park Retirement Village, which has 68 villas currently housing about 96 seniors, is developing the land around the village it acquired three years ago.

"Hopefully over the next five to 10 years the number of villas will reach 136," said Association Board Chairman Robin Thompson told the Examiner.

"Half of those will be rentals and the other half will be leased properties."

Mr Thompson said the funds needed for the project came from money Northbourne Park had accumulated over time, through profit made when properties on the land were sold and from the benevolence of organisations such as the Rotary Club.