Leading Australian land lease community operator Ingenia has unveiled a 41-seat cinema - said to offer a ‘gold class’ experience - as part of its new project in the greater Geelong area.
The $70,000 cinema has been unveiled at Ingenia Lifestyle Lakeside Lara, and reflects the increasing range and opulence of community facilities being introduced to land lease communities across Australia.
The cinema features raked seating, wheelchair access, luxurious drapes that provide superior acoustic treatment and a modern data projector giving the residents all the comforts of the local movie theatre right on their doorstep,” said Ingenia Lifestyle Lakeside Lara Community Manager Cath Stahl.
“Regular movie events are an important feature of the Lakeside Lara activity calendar with many residents looking forward to attending the weekly movie events.
“The community cinema means residents can enjoy a stylish movie experience without needing to travel to the local theatre.”
Ingenia’s Lara community has homes starting from $339,000 and also features a resort-style community clubhouse, indoor heated swimming pool, spa and sauna, outdoor BBQ area, library and pool table with darts and BYO bar.
About land lease communities
In land lease communities, incoming residents buy a dwelling (usually a relocatable style cottage) and then sign a long-term site agreement for the dwelling with a community operator.
This may involve buying an existing dwelling from an existing land lease community resident, or a new dwelling from the operator in either a new or existing community.
In other words, land lease living provides a unique hybrid ownership and rental model.
Across Australia, land lease communities are known by different names, depending on the relevant State or Territory legislative scheme and the chosen marketing term used by operators.
This means you’ll see land lease communities also described as residential parks, manufactured home estates and lifestyle communities.
For many years, land lease communities have offered facilities such as pools, bowling greens, bars, gyms and clubhouses, to be used by residents and their guests. However, in recent years, land lease communities have dramatically expanded the range of on-site facilities.
For instance, a number of land lease community operators now offer communal boats, to allow residents to easily hit the water without needing to own their own boat, while Lifestyle Communities in Victoria has introduced communal dog washes.
In mid-2020, land lease operator Living Gems introduced a communal resort motorhome at one of its Queensland communities, to be used by residents on road trips.
Top-of-the-range communal facilities now extend to grand ballrooms and bars, community gardens, workshops, arts and crafts workshops, music rooms, indoor cinemas, ten-pin bowling alleys, libraries and golf simulators.
Find out more
- Ingenia Lifestyle Lakeside Lara
- Eight key differences between buying in land lease communities and retirement villages
- Six ways to save money by moving into a land lease community
- Land lease communities: Six questions to ask to ensure you find the perfect home
- New home loan available for people moving into land lease communities