Central Coast horse stud bought for retirement village

Central Coast horse stud bought for retirement village
Central Coast horse stud bought for retirement village

A Central Coast horse stud farm is set to become a home retirees after selling for $12 million through McGrath Terrigal agent Mat Steinwede. 

Bangaloe Stud is a 24ha property between the suburban neighbourhoods of Avoca Beach and Kincumber.

Living Choice bought the sprawling Kincumber acreage from Danny Bourke.

It anticipates making the property at 253 Avoca Drive into a unique coast-meets-country retirement village.

Bangaloe Stud owner Danny Bourke took on the property almost three decades ago. 

Living Choice NSW Central Coast general manager, Tim Bentley, told News Ltd that the company planned to include a retirement village and an aged care facility in their development application.

It will be Living Choice’s fourth retirement village on the Coast behind established facilities in Davistown, Woy Woy and across the road in Kincumber.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Farm Sale Retirement Village

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?