One of Australia’s largest retirement village operators, Eureka Villages, has recently acquired Freshwater Villages located in Gympie, Queensland.

The addition to their portfolio comes as part of a continued growth strategy of the ASX listed company, which has been welcomed by residents.

Andrew Heyer is the Operations Manager at Eureka Villages and a former Gympie local, who is pleased to see such a widespread positive reception of the new village acquisition.

"I grew up in Gympie and continue to regularly visit family here, so it is good to see the company acquiring a village in some familiar territory,” he said.

As one of only a few rental retirement villages in Gympie, Eureka Freshwater Villas offers seniors comfortable independent living in a warm and welcoming community, and residents can expect to see gradual minor improvements to the grounds of the village.

"This is already a popular village with excellent facilities and services. Eureka plans on some minor changes and improvements to what is already a great facility.” Mr. Heyer said.

With an increasing number of seniors looking for alternatives to owning a home or buying into expensive retirement villages, it is no wonder that villages offering units for rent with no entry or exit fees such as Eureka Freshwater Villas Gympie are in such high demand.

"Our philosophy is simple,” Mr Heyer said, "We provide an excellent standard of community living at an affordable price.”