The WA Government’s announcement today that construction will start in early 2018 on the first stage of a $48 million seniors housing development in Ridgewood will come as welcome news for the building sector.
The construction phase of the new affordable housing development for people aged 55 or older at the corner of Lukin Drive and Hinchinbrook Avenue will support up to 50 jobs.
Housing Minister Peter Tinley turned the first sod at Haven Ridgewood – a partnership between the Department of Communities and Southern Cross Care (WA) (SCC).
Stage one will see respected builder Pindan release 104 lots to the market as house and land packages and incorporate 54 affordable dwellings and 36 walk-up apartments. Stage two plans for additional lifestyle apartments, a commercial precinct, medical centre, supermarket and commercial and retail spaces.
About 75 per cent of homes in Haven Ridgewood will sell for less than the Ridgewood median house price of $387,000 and all homes will sell below the Perth median house price of $519,000.
The Department of Communities contributed 6.8 hectares of land for the project, which at June 2014 was valued at $7.68 million. SCC will provide apartments for social housing tenants in consideration for the land.