John Wood, National Lifestyle Villages founder talks with Harvey Deegan about resort style facilities
John Wood National Lifestyle Villages founder talks with Harvey Deegan about resort style facilities.
Harvey Deegan here and we’re talking lifestyle with John Wood, founder of National Lifestyle Villages.
Firstly John you’ve been providing affordable lifestyle options for over thirty years. What’s the main difference between what your communities and retirement villages provide?
Well Harvey we’ve been able to create an affordable life-enriching experience for the lifestyle generation. These are people who are just too young fit or active for a typical retirement village. We’ve achieved this by developing large-scale gated land lease communities which are operated under the Residential Parks Long Stay Tenancies Act rather than the Retirement Villages Act.
So Harvey to your question about the differences. Firstly one is not better than the other. They just suit different people at different stages of their life. Retirement villages are generally for people in their seventies eighties and nineties and land lease communities are more for people in their fifties sixties and seventies. Land lease communities have exit fees from zero to fifteen percent whereas retirement villages have exit fees of up to forty percent because there’s a greater need to have additional services and care. Land lease communities have resort style facilities focused on activity entertainment and socialising with a secure lock and leave lifestyle whereas retirement villages are more focused on passive recreation and wellness.