The Northern Daily Leader

Over 50s downsizing homes to supersize their lifestyles

Over 50s downsizing homes to supersize their lifestyles
Over 50s downsizing homes to supersize their lifestyles

Story in partnership with Majestic Tamworth.

The Majestic Tamworth is going to provide an opportunity to live a VIP lifestyle for over 50s, lucky enough to purchase one of the 98 premium homes being built on the site in Hillvue, just outside of Tamworth.

Marketing has only just begun and there have already been over 100 inquiries, which just confirms the requirement for quality built affordable homes for those looking to downsize their home but upgrade their quality of life.

Developed by nationally renowned developer Bob Andersen, the resort style gated community will overlook the world class Longyard Golf Course - designed by the Shark himself, Greg Norman.

Bob believes it is vital to offer the best quality living options to people looking enjoy their best years and that is exactly what this development does.

"Majestic Tamworth is one of a kind. It cements luxury with easy living," he said.

"It's focused on creating an environment for people to come together and celebrate life with exclusive VIP amenities at an attractive price point. It will be a vibrant, energising place to call home."

All homeowners at Majestic not only get a modern 2+bedroom home, they also get access to all the quality facilities that make community life so attractive.

Over 50s downsizing homes to supersize their lifestyles
Over 50s downsizing homes to supersize their lifestyles

Even the furthest home on the lot is a short walk to the clubhouse, where residents can enjoy, lawn bowls, the wellness centre, billiards tables, the café lounge, a cinema, alfresco deck, golf simulator, outdoor pool and spa, full gymnasium, vegetable gardens and even a fire pit.

"Everything you need to enjoy your life is right here at your doorstep, or only a short buggy ride away," Mr Andersen said, adding they're even providing a free golf buggy with every home sold.

Avid golfers need only to pop next door to enjoy 18 holes, he said, before coming home to relax or going to the Communal Hub for a drink overlooking the lake and the 18th hole.

The community is a land lease development at the quality end of the market that is expected to commence building in early 2022.

Land lease is becoming extremely popular as you own the home but lease the land and when you decide to sell, you get 100 percent of the profit.

Also, with no entry or exit fees, no stamp duty, no council rates and rent assistance if you qualify, what's not to love about it?

One of the most underrated aspects of over 50s community living is social benefit. You can reduce isolation and improve your mental wellbeing by living a community life. Studies have shown a boost in life expectancy of up to six years.

Over 50s downsizing homes to supersize their lifestyles
Over 50s downsizing homes to supersize their lifestyles

An increased socially active lifestyle can also reduce the risk of disability and visits to the GP.

The team at Majestic are taking enquires via the website www.majestictamworth.com.au.

One of their sales team will be in contact to discuss the opportunity further and provide all the information you require.

Benefits of land lease living

Majestic Tamworth is a land lease community, allowing residents to own their home while leasing the land. This model comes with distinctive economic advantages.

The Land Lease Living Association says it's an opportunity to "downsize the home while supersizing your lifestyle". You can enjoy all the facilities and services without any of the work to maintain them. It also allows you to release funds tied up in the family home for your retirement.

With prices starting from $479,000 for a stylish two-bedroom home, it's hard to believe the inclusions. The gated community has been designed to enable working, semi-retired and retired people to live a luxurious independent lifestyle at an affordable price. Land leasing has a lot to do with that.

Developer Bob Andersen says the biggest advantage of the land lease model is that it allows you to keep the capital gains from the sale of your home, as well as no exit or deferred management fees while enjoying access to a location and facilities that would otherwise be costly.