Principle Living - The Bower
The Stevens & McCloy Groups have partnered to form a new joint venture entity to own, develop and operate both horizontal (villas) and vertical (apartments) retirement villages, providing a premium lifestyle offering for seniors.
The Bower, Medowie is proposed to home one of the first Principle Living Retirement Villages. It will be set amongst the 480 lot subdivision and home 100 retirement living villas. The proposal is currently a development application before Port Stephen’s Council. When complete the retirement living development will have a value of $45 million.
2019 - EXPECTED RELEASE DATE