A $428 million over-50s community is set to launch in a leafy pocket of Moreton Bay’s Elimbah mid-year (2025) to meet high demand from Queensland downsizers, after receiving development approval this week.
The 404-home gated community by prominent land lease developer, GemLife, is earmarked for a 26-hectare site at 38 Atherton Road, with 8.2 hectares to be dedicated to green space, including a conservation area bordering an established nature and recreation reserve.
It will feature $20 million of luxury resident facilities, including an expansive two-level Country Club with a suite of inclusions such as a ballroom, virtual golf, and wellness room, along with a Summer House, offering a resort-style pool.
Moreton Bay Regional Council approved the development, with GemLife planning to release the first stage of homes and begin construction mid-year (2025).
Work will be completed over seven stages.
GemLife Elimbah will be the developer’s third over-50s community in Moreton Bay, bringing the total number of homes it’s developing in the region to more than 1,350.
It follows the success of the $349 million GemLife Bribie Island and $340 million GemLife Moreton Bay.
For more information visit gemlife.com.au/gel