The land lease community operator, which is currently developing seven existing over 50s lifestyle resorts and will potentially launch six new resorts across GemLife, Living Gems and Aliria early next year, is the buyer of the site in Heritage Park from Pointcorp, in a deal brokered by Colliers Queensland Residential Development Sites division and the Healthcare and Retirement Living.
A GemLife spokesperson said it is for an approximately 300-home land lease community.
Colliers Queensland Residential Development Sites Director Brendan Hogan said there was high demand for land lease communities, being driven by Australia’s ageing population and baby boomers reaching retirement age and wanting to downsize.
GemLife said its current projects are:
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GemLife Palmwoods, Sunshine Coast: VIP Open Day for Emerald Collection Residences, 19 November
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GemLife Maroochy Quays and Pacific Paradise, Sunshine Coast: final homes being built.
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GemLife Highfields Heights, Toowoomba: Stage One launching at the end of the month.
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GemLife Moreton Bay: Stage Two launching 2 December
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GemLife Moreton Bay: first facility Summer House and recreation precinct officially opening in mid-December.
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Aliria on Dean, Rockhampton: turning of the first sod on Monday,18 November.
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GemLife Gold Coast Stage Three launching February 2025.
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GemLife Gold Coast Hilltop Pavilion, construction beginning this month.
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GemLife Tweed Waters: Residential and commercial construction continuing.
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GemLife Rainbow Beach, NSW Mid-North Coast: Second Summer House to open next month.
Check out GemLife's lifestyle resorts and any availability on the #1 website villages.com.au.
