Albury JV Secured

PGS Invest has successfully secured a joint venture partnership with land owners of a 7 hectare low density residential site in Albury, NSW. This partnership will involve securing a development approval for Abadi Albury, a retirement community by way of 140 residences and 1400sqm of mixed use commercial.

The Abadi Albury project is strategically positioned to capitalise on the favourable market conditions. The development of 140 residences directly addresses the growing demand for quality retirement living options in a location that has demonstrably increased in value. The inclusion of 1400sqm of mixed-use commercial space further enhances the project's appeal, providing convenient amenities for residents and creating local employment opportunities.

This project underscores the viability and strong planning support for such projects in Albury. As the region continues to attract residents seeking a balanced lifestyle and solid investment opportunities, Abadi Albury is poised to become a valuable addition to Albury's thriving community and a testament to its enduring property market strength.