The transformation of a corner site next to Cronulla beach from 1950s red brick flats into a luxury high-rise retirement village is complete. / (min cost $ 0 ) or signup to continue reading Thirty seniors, four dogs and one cat moved into Sage by Moran within a week of Sutherland Shire Council issuing an occupation certificate for the building at the corner of Gerrale Street and Surf Road. More will follow, including buyers of the remaining four apartments, which were held back from sale.
These units are priced from $2 million to $4.975 million for a penthouse. Four retail areas on ground level, one of which is expected to be a cafe, / food offering, are about to be offered for sale via an expressions of interest campaign.
The eight-storey development of 37 two and three bedroom apartments, was carried out by Retirement by Moran, which is headed by chief executive Dr Shane Moran and managing director Sally Taylor. The company paid nearly $40 million for the site. The development includes a rooftop heated pool with swim jets and pavilion, infra red sauna, lounge-library, fitness centre, cinema, wine cellar and workshop.
Ms Taylor said all of the residents who moved in during the first week came from within a five-kilometre radius. "They have moved from large family homes in which they have lived for the last 30 or 40 years," she said. "Without overstating it, they are over the moon.
Yes, the apartments are gorgeous and luxurious, but that's not the main advantage - within just.