INDEPENDENT NEWS

Ryman Healthcare expands into Geelong

Published: Mon 15 May 2017 03:34 PM
MEDIA RELEASE: May 15, 2017
Ryman Healthcare expands into Geelong
Sixth retirement village in Australia on the way
Ryman Healthcare is planning to build a new $100 million retirement village in Geelong, Victoria.
The new village in Highton will be Ryman Healthcare’s sixth village in Australia, and will offer Geelong residents a range of retirement living options as well as aged care and specialist dementia care.
Ryman Healthcare Development Manager Andrew Mitchell said Victoria’s second biggest city had been on the company’s radar for some time.
“Geelong is a vibrant city with an ageing population and we think residents will like the concept of a resort-style village with a continuum of care. We know Geelong residents love the place, and it will be great to be able to build them a retirement village so they can be cared for without having to move.’’
Ryman plans to build a village with independent living apartments and townhouses, assisted living apartments, and an aged care centre. It will include an indoor pool, hair and beauty salons, a bowling green, and a movie theatre.
Ryman is different to most Australian retirement operators in that it operates an integrated village model. Ryman villages include independent living apartments, assisted living and aged care on the same site so that residents who move in have the security of knowing they can be looked after no matter how their care needs change over time.
The South Valley Rd site in Highton covers 3.2 hectares and is a privately-owned site.
The new village will free up local houses for sale, create more than 100 long-term jobs and inject about $10 million a year into the local economy.
Mr Mitchell said the site appealed because of its prime location just 6km from the Geelong CBD.
“It’s in a great area and is handy to Wandana Heights and is a short hop to Waurn Ponds Shopping Centre. Our research shows there is a shortage of retirement living options in the area, and we think Geelong residents are going to love the idea of a Ryman village coming to town.’’
Mr Mitchell said Ryman would be consulting with residents before submitting plans for the village. Ryman designs, builds and operates its villages itself.
Ryman Healthcare was founded in New Zealand 33 years ago. The company opened its first village in Melbourne in 2014 and is building a new village at Brandon Park.
Ryman also has sites at Burwood East and Coburg in Melbourne and at Mount Eliza on the Mornington Peninsula.
About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies. The company owns 31 villages and serves 10,000 residents in New Zealand and Australia. Each village offers a combination of retirement living and aged care.

Next in Business, Science, and Tech

Funding For R&D; In New Zealand – Expert Reaction
By: Science Media Centre
COVID-19: NZ Joins Global Initiative Keeping Ports Open And Freight Moving
By: Maritime New Zealand
National Backs Businesses With $10k JobStart
By: New Zealand National Party
Government Exempts Some Home Improvements From Costly Consents
By: New Zealand Government
The New Zealand Herald Named Newspaper Of The Year, Website Of The Year At Voyager Media Awards
By: New Zealand Media and Entertainment
ASB Takes The Lead Again With New Low Home Loan Interest Rate
By: ASB Bank
The Problems With Testing And Case Statistics For Covid-19
By: Nathan Hoturoa Gray
Fletcher Building to lay off 1000 staff in New Zealand
By: RNZ
Driving prompt payments to small businesses
By: New Zealand Government
On Why We Should Legally Protect The Right To Work From Home
By: Gordon Campbell
Supporting Kiwi businesses to resolve rent disputes
By: New Zealand Government
Understanding 5G Concerns – Expert Q&A;
By: Science Media Centre
Record Monthly Surplus As Imports Dive
By: Statistics New Zealand
Bar reopening night 'much, much quieter'
By: RNZ
New Zealand’s population passes 5 million
By: Statistics New Zealand
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media