PROPERTY OF THE WEEK

A substantial development made up of 404 ILUs, 80 apartments and a 180 beds residential aged care facility has become available in Parkes (NSW), one of the most desirable regional locations because of its wealth, lack of retirement accommodation...

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by The Weekly Source

A substantial development made up of 404 ILUs, 80 apartments and a 180 beds residential aged care facility has become available in Parkes (NSW), one of the most desirable regional locations because of its wealth, lack of retirement accommodation infrastructure and substantial catchment area.

It has taken seven years for local graziers Bruce and Beth Hodges and their son Darrell to put the Parkes Garden Estate project together. They have council support and a big buyer base.

Parks has mining (Rio Tinto/Sumitomo), agriculture and is the transport logistics hub of Australia. 80% of Australians are within 12 hours by road or rail. It also has one of the fastest-growing ageing populations nationally.

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