Third.i report $3.5M in penthouse sales for Over 55s living development The Merewether

Demand for new retirement living apartments seems still unquenched with property development and investment group Third.i stating it has had over 2,500 enquiries about its forthcoming Over 55s development The Merewether in the city of Newcastle, 162km north-northeast of Sydney.

The Merewether is part of the redevelopment of the Merewether Golf Club. ThirdAge Villages offers 148 two- and three-bedroom apartments plus penthouses in a design by architects, Marchese Partners | Life 3A

Third.i said it had recorded $3.5 million in sales across a number of penthouses for the $120 million development, which will secure the financial future of the 18-hole golf club.

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