Summerset Group buys land at Rotorua Heritage Farm, plans $180m retirement village
The 14.2 ha site purchased by Summerset Group. Photo / Provided
Retirement village operator Summerset Group has purchased Rotorua farmland long used for tourism experiences, with plans for a $180 million development.
The 14.2 hectare site of Fairy Springs – home to
It was an investment of $180 million, including the purchase of the land, he said.
Three of these villages planned to expand by an additional 101 units, and three new villages of at least 347 units were being built. This did not include the development of Summerset.