Weekend Gold Coast Bulletin - Property

Huge demand for over 50s resort

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THE $18 million sellout of the first release of homes in GemLife’s new over-50s lifestyle resort in Pimpama in less than a week has fast-tracked the launch of stage two to the market.

All 26 homes released in stage one of the $200 million GemLife Gold Coast were snapped up off-the-plan within two days of the community’s official launch, with the developer expediting the second stage of 88 homes to meet demand.

Civil constructi­on is underway on GemLife Gold Coast, which will span a 46ha parcel in the city’s fast growing northern corridor, with views stretching from North Stradbroke to Burleigh.

The community will feature resort-style amenities, including a 7000 sqm three-level country club, topped with an infinity-edge pool, entertainm­ent zone and bar.

Other amenities include a cinema, wine lounge, virtual golf, yoga studio, arts workshop, bowling alley, gym, off-leash dog run, hair salon, cafe, games room and lawn bowls.

GemLife director and CEO Adrian Puljich said the sales response to stage one had been phenomenal.

“To sell out our first release within a matter of days of launch is a great achievemen­t and testament to the high level of demand for this style of living on the Gold Coast,” he said.

“The majority of buyers have been from the Gold Coast or Brisbane and are looking to enjoy their next phase of life, with less time spent maintainin­g their home and more time spent enjoying their lifestyle.

“Many are in the younger end of the over-50s demographi­c and the fact GemLife Gold Coast caters to such a diverse range of interests and provides so many opportunit­ies for social interactio­n is appealing, as are the high quality of the homes and the location.

“We already have buyers lining up to secure their place in stage two and are confident it will also sell quickly.”

The new release is a short walk from the country club, with eight home designs available, each featuring two bedrooms plus a multipurpo­se room and a spacious 192 sqm to 211 sqm of living space.

Prices start from $640,000.

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