The private operator has bought the 24-hectare Bangaloe Stud at Avoca Beach as the site for its fourth Central Coast retirement village.

Living Choice also plan to build an aged care home on the site and have already applied to the Department of Health for bed licences.

The property, which has been used as a horse stud for over 50 years, is just 2 kilometres from the popular Avoca Beach.

Owned by Adelaide-based Ian Tregoning and Graham Hobbs since 2003, Living Choice now has nine villages in its portfolio plus another planned for Sunshine Cove in the centre of Maroochydore in QLD.

The Maroochydore site is being developed in partnership with Estia, who are waiting on approval for an aged care facility that will be built before the village.

Estia also has another aged care home at Living Choice’s Twin Waters village on the Sunshine Coast due for completion mid-2017, while Arcare is constructing their first NSW aged care facility at Living Choice’s Glenhaven village in Sydney.

Caption: An aerial view of Bangaloe Stud, site of the proposed village, Living Choice Avoca.