Building work only began on the $100 million retirement village expansion of the Pacific Golf Club in Carindale, 13km southeast of Brisbane’s CBD, by Reside Communities and GreenFort Capital in January.
Within six months, 51 of the 52 apartments across two buildings in Stage 1 of Fairway Carindale have been sold off the plan.
“There are two stages remaining. There will be 79 apartments in three buildings in Stage 2, predominantly with golf course and parkland views, and we have a very strong wait list,” said Reside Communities CEO Glen Brown.
“There will be two buildings in Stage 3 with 60 apartments, again mainly with views of the golf course and parkland.”
Glen says he view Fairway Carindale as a “very unique development”.
“We are building a new golf clubhouse plus Fairway Carindale residents-only community facilities adjacent to the 9th and 18th greens at Pacific Golf Club,” he said.
“Almost 90 per cent of Pacific Golf Club members have voted in support of the project, and many members have since secured residences within stage one of the retirement community.”
Fairway Carindale will be Reside Communities’ fourth retirement village in QLD.
