MET
29/04/2014 08:30
GENERAL
REL: 0830 HRS Metlifecare Limited
GENERAL: MET: Final stage of The Poynton now underway
Date: 29 April 2014
Media Release
FINAL STAGE OF THE POYNTON NOW UNDERWAY
Fifty-eight new retirement village apartments to meet demand on North Shore
The Poynton, Metlifecare's $130 million retirement village in Takapuna, is
heading for completion with construction of the fourth and final stage now
underway.
Stage 4 will see a further 58 one, two and three-bedroom apartments being
built. The new apartments will follow similar design cues as the existing
buildings, with some top floor apartments offering views over to Rangitoto,
towards Lake Pupuke or back towards Glenfield and the Waitakere ranges.
Following completion in June 2015, The Poynton, one of New Zealand's premium
retirement villages, will offer 257 apartments, with first class facilities
including a heated indoor swimming pool, bowling green, croquet lawn,
restaurant and cafe, a wellness centre, snooker room, large activities room,
arts and crafts room and a blokes' shed.
Stage 1 and 2 independent apartments are close to 100% occupied with
significant interest in stage 3, which is due to be completed next month.
Construction firm Haydn & Rollett has been appointed to continue their
involvement and complete the final stage.
The development is part of Metlifecare's targeted build rate of 200+ units
per year from FY15. In recent months the company has also commenced
earthworks for its $160 million Greenwich Gardens village in Unsworth Heights
(North Shore) and has commenced construction of The Orchards village in
Glenfield.
CEO of Metlifecare, Alan Edwards, said: "Auckland's North Shore is a high
growth market for our company, with an increasing number of people seeking
quality retirement living options in the area. The Poynton is a stand-out
village and we look forward to welcoming new residents as we complete the
final two stages".
Metlifecare is one of New Zealand's leading retirement village and aged care
providers operating 23 retirement villages in prime locations throughout the
North Island.
ENDS
Released on behalf of Metlifecare by Jackie Ellis, spice communications group
Tel: +64 9 360 8500 or email [email protected]
For more information, please contact:
Alan Edwards, CEO, Tel: +64 9 539 8000
About Metlifecare
Metlifecare is a publicly-listed aged care and retirement lifestyle company.
Established in 1984, the company has a proven track record of successfully
owning and managing retirement villages in New Zealand. Metlifecare currently
owns villages in prime locations throughout the North Island of New Zealand,
with most providing a full continuum of care from independent villas and
apartments through to serviced apartments, rest homes and hospitals.
End CA:00249833 For:MET Type:GENERAL Time:2014-04-29 08:30:20
