An iconic Central Coast property, Bangaloe Stud located on the fringes of Avoca Beach, is set to become Living Choice Australia’s fourth Central Coast retirement village following its purchase today (4th October). The magnificent 24 hectare property is situated in Avoca Drive, only 2kms from popular Avoca Beach.
The sale of the property, which was owned by Danny Bourke, was negotiated by Mat Steinwede of McGrath Estate Agents Central Coast and Tim Bentley, Living Choice General Manager NSW Central Coast & QLD.
Tim said news of the purchase had been welcomed by residents at Living Choice’s three Central Coast retirement villages, Alloura Waters in Davistown, Deepwater Court in Woy Woy and Broadwater Court in Kincumber.
“Residents were particularly pleased to hear that Living Choice plans to include an aged care facility in the DA Application to develop a retirement village on the property and we are in the process of applying to the Department of Health for bed licences for the site,” said Tim. “Our residents will have priority access to the proposed aged care facility only minutes from Living Choice’s existing villages.”
Tim said it was an exciting acquisition for Living Choice and paved the way for the company to become one of the biggest retirement living operators on the Central Coast.
“It’s a magnificent property, well-placed between our existing villages, with north-facing valley views and ocean breezes flowing from Avoca Beach. It’s rare to find an acreage property of this size so close to everything and it’s a fantastic opportunity to develop a truly unique retirement village from scratch. I have no doubt that Living Choice’s reputation for developing award-winning villages will be further enhanced when Living Choice Avoca opens.”
Bangaloe Stud was a successful thoroughbred breeding enterprise for more than 50 years. It was purchased by Bill Ritchie in 1960 who bred 77 individual winners on the property. Bangaloe’s most recent owner is Danny Bourke, who had the horse stud property for 28 years, running up to 40 horses.
Tim said Bangaloe Stud formed an important piece of NSW and Australian horse racing history and its connection to the horse industry would be retained in the development of the village by naming either home designs or streets after past owners and trainers.
Living Choice is expanding rapidly in NSW, having also purchased a premier site in Galston late last year to add to its five operating villages in NSW. It also has two villages in Adelaide, two on the QLD Sunshine Coast plus another planned at Maroochydore.
Photo top: Danny Bourke (left) hands over the Bangaloe Stud site to Tim Bentley, Living Choice General Manager NSW Central Coast & QLD. Also pictured are Danny’s grandchildren, Ellie and Sam.
Below: An aerial view of Bangaloe Stud, site of the proposed village, Living Choice Avoca.