Lifestyle Communities Buys High Street Hastings Site

LIFESTYLE Communities, the new name for the delisted company once known as Namberry Limited, has paid an as-yet-undisclosed sum for a six hectare development site in Hastings (pictured), in Melbourne’s outer south-east.

The High Street site will make way for a 150-unit retirement village that will be part of a high-end, master-planned senior’s community to be branded Lifestyle Hastings.

The acquisition comes less than a month after a $50 million capital raising by Lifestyle, which says it wants to develop a new affordable seniors village every twelve months.

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