The capital growth value of enviable retirement living is evident at the Mounties Group-owned Watermark Freshwater on Sydney’s Northern Beaches.
When it was marketed for its launch in 2018, the 96 apartments – all with terrace or balcony – were priced from $1.5 million to $3.8 million.
Village Manager Miranda Aiello told The Weekly SOURCE yesterday (Monday) that Watermark Freshwater’s ground-floor apartments were now priced at $1.6 million to $1.7 million with the 11 three-bedroom penthouses costing more than $5 million.
“We are full with a substantial wait list. Our average age is 72, with residents from 55 to 90, and with a gym and indoor swimming pool downstairs, ocean walks and the beaches, it is a really active set,” she said.
“We have residents who have begun using the services of Mounties Care in the past six months or so. Mounties Care will soon have offices on site with health practitioners which will further benefit our residents.
“Two people moved up the coast. That’s all.”
Watermark Freshwater retirement village was part of the $160 million redevelopment of the Harbord Diggers Club, which is owned by Mounties Group.
