Philosophy Key Element to Retirement Village Deal

An alignment of philosophies about how retirement villages should operate, made Con Noi Village at Carindale the perfect fit for Chiou See Anderson’s retirement asset portfolio.

Ms Anderson, the owner-operator of Elements @ Springwood Retirement Village has recently acquired the boutique village from the Vacenti group, for an undisclosed amount.

To be renamed Elements @ Con Noi Carindale, Ms Anderson said it was fortuitous that she would take ownership on February 1 which is the first day of the Chinese Year of the Tiger.

“New Year is all about new beginnings, so I think it is a significant day to take over the facility,” Ms Anderson said. “After the unfortunate two years we have had with the COVID virus, it is important to start the new year strong and ferocious, like the Tiger!”

The previous owners mainly operated in the aged care sphere, so divesting their only retirement asset makes perfect sense for the Casagrande family.

“The 45-home village is well aligned with my philosophy about retirement living,” Ms Anderson said.

“For me Con Noi, just like Elements @ Springwood, strives to keep its residents active and independent with support there for those who need it. It has beautiful sub-tropical gardens, resort-like facilities and is not too large, so it feels like a real community, a place that the residents can really call home.”

Ms Anderson said it had the benefit of adjoining Vacenti’s Lorocco aged care facilities which meant residents who later required a higher level of care, did not have to leave the area.

“The retirement industry has traditionally overlooked the emotional, social and spiritual well-being of its residents,” Ms Anderson said.

“That’s something I am determined not to do at Elements @ Con Noi Carindale. Retirees do not want to move into a tiny apartment and shut up shop. They want to continue to live full and active lives without the large family home to worry about.”

Resident wellbeing, a hallmark of the Elements way, will continue to be at the forefront of everything she does at Elements @ Con Noi Carindale.

“For the existing residents, they can look forward to interacting with an owner-operator and providing input to further better the best years of their lives,” Ms Anderson said.

“The lessons I learned and the innovations I introduced at Springwood means that the transition will be seamless as Con Noi will now be supported by an efficient management team. I am really looking forward to growing our community of happy and purposeful residents.

Click here to find out more about Con Noi