A working group behind plans for a retirement village in Muckleford, near Castlemaine, 127km northwest of Melbourne, lost their potential developer because of concerns about COVID-19.
The loss of the developer, right after the group was gifted a parcel of land from a local farming family, came while they were deep in the planning stages for the affordable housing project.
Ian Braybrook (pictured) and a group of ten locals formed the working group after recognising a demand for retirement living options in the central Victorian town.
According to the most recent census data 34.1 % of Castlemaine residents are aged over 55.
“A barrel of gold awaits those willing to have a go and (are) prepared to wait for a good return,” Mr Braybrook told the Midland Express.
An Alexander Shire Council spokesperson told the publication council had a desire to support the development of a retirement village.
