Keyton has officially commenced construction of VerSo Place, its major Vermont South
retirement living community that will deliver 218 new homes for seniors, create local
jobs and transform a long-dormant site into a vibrant new precinct for Melbourne's east.
Once complete, VerSo Place will be home to more than 300 residents in a vertical
community with range of accommodation options, premium amenities and landscaped
green spaces. The former Australian Road Research Board heritage building will be
restored as a central hub for the community.
The development will generate employment during construction and create ongoing
local jobs in village management, maintenance, health and wellbeing services. It will
also provide much-needed housing choice for older Australians while helping free up
larger family homes in established suburbs for young families.
VerSo Place is expected to welcome its first residents in 2028.
The milestone was celebrated with a ‘sod-turning’ event attended by Keyton staff,
representatives of our builder, Ironside, project partners and local elected officials,
Matthew Gregg MP, Federal Member for Deakin and Councillor Jarrod Gun of
Whitehorse Council.
"VerSo Place is one of the most significant retirement living developments currently
underway in Victoria and reflects our commitment to shaping the future of retirement
living,” Jason Fitzgerald, Keyton’s Head of Development said.
"This community has been carefully designed around wellbeing, connection,
sustainability and independence, creating an environment where residents can live
active and fulfilling lives."
Keyton’s acting CEO Paul Martin said "This project will deliver much-needed housing
choice for older Australians, while supporting housing mobility across the broader
community.
“By providing high-quality downsizing options like VerSo Place, we are helping put larger
family homes back on the market for future generations."
Federal Member for Deakin, Matt Gregg MP said, "Providing greater housing choice for
older people in our community helps them remain connected to the people and places
they value, while creating more housing opportunities for families."
“This project will be transformative for the neighbourhood and will rehabilitate a
building of significant local heritage,” Cr Jarrod Gunn said.
“The inclusion of high-quality housing set amongst the immediate natural surrounds,
along with the retention of high value local trees, makes for a development that
contributes to the vitality, sustainability and diversity of our local community."
Paul Martin, Keyton’s acting CEO concluded: "Keyton is proud to be transforming this
site into a vibrant new community that will make a positive contribution to the local area
for decades to come."
About us:
Keyton is a leading owner and operator of independent retirement living communities in
Australia with more than 65 villages and 15,000 residents across the country. Keyton has over
30 years' experience in the market and an ongoing commitment to creating communities and
care for residents.
Contact details:
Media contact: Tim Mahony on 0402 059 987 or [email protected]
