Portfolio of Lending Opportunities
Forest Glen Limited Partnership
Forest Glen is resource consented to provide 113 apartments of mixed size, with 105 on-site carparks, as well as a full range of amenities, in park-like settings adjacent to the Nukumea Stream Reserve on Orewa’s northern border. Orewa is one of Auckland fasted growing locales offering proximity to the Auckland via the northern motorway along with the ambience of seaside village and access to the stunning ocean beach.
The site is resource consented, flat and ready for site works. The buildings will be orientated to the north and east for maximum sunlight and have a scenic outlook to sea and reserve views.
Orewa is preferred destination for Auckland retirees who seek the ambience of an ocean beach location combined with close proximity to the city.
The plans envisage an under road pathway along the Reserve boundary to provide easy access to Orewa Beach
Forest Glen Limited Partnership is a Joint venture between STC Orewa a wholly owned subsidiary of Senior Trust Capital Limited and interests associated with Brendan Coghlan an experienced residential builder who has a built more 400 dwellings in the local area.
Award winning Ranfurly Village is a premium centrally located Auckland retirement village. Ranfurly has been the recipient of a national Overall Excellence in Aged Care Award and a finalist in an international award for Facility of the Year – Seniors Living, competing against residential complexes in Hong Kong, India, Indonesia and the Philippines.
Ranfurly is operated by Generus Living Group, a New Zealand owned company which specialises in premium level living and has 3 other highly successful villages in the Bay of Plenty and Christchurch.
Graham Wilkinson, Managing Director of Generus Living has a long history in the retirement village sector and is the longest serving member, and currently President of the Retirement Villages Association of New Zealand.
The extensively renovated, Ranfurly House is central to the Ranfurly Village Community. Built in 1903, it is a National War Monument that provides a high standard of recreational facilities for residents.
When complete the village will comprise of 192 apartments and a separate 60 bed residential care hospital. Ranfurly Village’s retirement apartments have been designed to ensure that residents can “age in place” and receive care in their apartment for as long as they choose to live in them.
The location , the quality of the build and the international recognition of the operators management skills have all been contributing factors to high rate of sales at Ranfurly .
Quail Ridge Country Club
Located in Keri Keri, Bay of Islands, Quail Ridge Country Club is a growing retirement village aimed at the higher-end retiree market. The village is situated at 82 Rainbow Falls Road, Keri Keri and is approximately 5km northwest of the town centre. It is being developed by long-time local landowners Don and Jill Cottle who are supported by an experienced retirement village management team. Their vision is for a premium village where people could enjoy space and freedom, high quality homes and beautifully landscaped gardens, and with 45 acres to work with, they have had the room to fulfil the vision.
The village, as it is currently planned, includes 273 residential units comprising of:
207 houses - either stand alone, duplexes or triplexes
2 apartment blocks of 12 apartments in each
40 bed care facility
A central, standalone clubhouse for use by all residents is planned to with facilities to include:
Restaurant, bar and resident kitchen
Gym and pool complex
Recreational areas for residents
Front entrance and car parking
The village is being constructed to a high specification and has been experiencing strong demand for the beautifully crafted villas.
The team’s ability to deliver customised, quality dwellings in a beautifully landscaped environment has resulted in premium sale prices and strong market acceptance.
The Income Generator has agreed loan terms with Quail Ridge Country Club, with the loans expected to commence early 2021.