Construction has begun on a new $75 million gated community exclusively for people over 50-years-old in the Derwent Valley.
The Noble Life New Norfolk Resort development will feature 186 houses across a sprawling 9.5-hectare site, offering what developers describe as a “five-star” lifestyle.
“It really is a new way of living that hasn’t been seen in Tasmania before,” Noble Life Director Daniel Noble said.
“There is no better place for Hobart’s newest luxury over 50s resort than the Derwent Valley.”
Residents will enjoy access to a private clubhouse, cinema, library, heated indoor pool, sauna, massage rooms, yoga studio and gym.
Brothers Daniel and Roger Noble are developing the project as an extension of their family business, which has previously built similar retirement communities in Queensland and New South Wales.
While the brothers were previously development managers for The Mills, they have distanced themselves from that failed project after its backers went into administration last year.
“That was really devastating,” Noble said. “Like many locals, we are one of the many unsecured creditors who lost money, so we really do understand that pain.”
“We are not The Mills, we’re Noble Life and we pride ourselves on our long and proud history of delivering what we promise to our communities.”
The project has engaged several local businesses, including Wilson Homes, Groombridge Civil and Harcourts, with Noble claiming it will generate hundreds of jobs and contribute “tens of millions of dollars” to the local economy.
“Right now, we’re focussed on finishing what we started, and delivering an extraordinary, first of its kind, over 50s lifestyle resort for New Norfolk and the wider community,” he said.
Construction will proceed in three phases, with Stage One expected to be completed by September 2026.
Derwent Valley Mayor Michelle Dracoulis welcomed the investment in the region.
“Specifically investment in housing for over 50s as there is a need and this frees up larger housing stocks for families,” she said.
