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We are experiencing an increase in enquiries relating to resident Warden’s Accommodation within sheltered housing developments owned by RSLs. With advances in technology in remote alarm systems and older persons generally becoming more independent, there is a trend of proprietors in sheltered housing developments opting to replace their live-in resident warden with a non-resident visiting manager.
This change results in an additional property becoming vacant within the development, this can result in additional benefits for both existing residents and the RSL proprietor as the property can be sold on the open market (either shared ownership or otherwise).
If residents within your sheltered housing developments express an interest in making this change, what do you need to consider?
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“We are experiencing an increase in enquiries relating to resident Warden’s Accommodation within sheltered housing developments.”
Andrew Cowan
