Over-50s de­vel­op­ment a tow­er­ing suc­cess

The Courier-Mail - Property - - REALESTATE - KIERAN ROONEY REAL ES­TATE REPORTER

THE prom­ise of on-site sup­port ser­vices lured buy­ers to an over 50s de­vel­op­ment in South­port last year, with the apart­ment com­plex re­ceiv­ing more than $18.5 mil­lion in sales.

The project, known as Vic­to­ria Tow­ers, is Aus­tralia’s first over 50s high­rise to have both free­hold apart­ments and a on-site No­bel Life aged care cen­tre.

Sales man­ager Jackie Tay­lor-Fox said the end of the year had been par­tic­u­larly strong for the de­vel­op­ment.

“The con­fir­ma­tion of No­bel Life as the op­er­a­tors of our aged care fa­cil­ity has lead to a jump in sales, to­ward the end of 2013,” she said.

“We’ve had a strong level of in­quiry in the past cou­ple of months as prospec­tive buy­ers learn about the No­bel Life fa­cil­ity and ap­pre­ci­ate the value of the Vic­to­ria Tow­ers lo­ca­tion, amenity and ser­vices.”

In the three months since Septem­ber, nine sales worth more than $5.5 mil­lion have been made for Vic­to­ria Tow­ers, most of th­ese for two and three-bed­room apart­ments.

Ms Tay­lor-Fox said apart­ment own­ers also had ac­cess to 24-hour emer­gency sup­port ser­vices.

“It means over 50s can en­joy the life­style they are ac­cus­tomed to, but know that help is there if needed,” she said.

“Cou­ples also like the fact that if one part­ner re­quires a higher level of care, one can be in the aged care fa­cil­ity, while the other is still in the same build­ing.”

Ms Tay­lor-Fox said she ex­pected sales ac­tiv­ity would in­crease this year when the nearby light rail line was com­pleted.

Vic­to­ria Tow­ers has 220 apart­ments across 32 floors, with three lev­els ded­i­cated to the 84-bed aged care fa­cil­ity.

The $220 mil­lion de­vel­op­ment is in the heart of South­port and is close to the Aus­tralia Fair Shop­ping Cen­tre, med­i­cal ser­vices and the South­port RSL.

Apart­ments in the tower have views of the Broad­wa­ter, Surfers Par­adise or the hin­ter­land.

There are one, two and three­bed­room apart­ments from 79sq m to 154 sq m.

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