Lifestyle Communities acquires new site in Merrifield
We are pleased to announce Lifestyle Communities has recently acquired a new site in our flagship Merrifield project, to deliver a new community village for the booming semi-retired, retired and downsizer market.
The Lifestyle Communities Merrifield site will have capacity for approximately 187 new homes, offering a range of high quality, low maintenance designs under a land lease community approach. The new village will be located along Aitken Boulevard within a brand new residential precinct of Merrifield, set to launch in early 2022.
Lifestyle Communities Managing Director James Kelly said, “This acquisition is an exciting opportunity for Lifestyle Communities to lock-in our future pipeline in one of the fastest growing urban areas in Australia – the Merrifield community in Mickleham will expand our brand presence in the North”.
Matthew Planner, General Manager Communities at MAB Corporation said, “We are very pleased to be working with Lifestyle Communities – a best in class operator that strongly aligns with our vision to create a quality mixed-use masterplanned environment and destination of choice in Melbourne’s north. This recent sale further builds on the existing living options, amenity and infrastructure we’ve already delivered to service over 6,000 Merrifield residents”.