ONE of the country’s largest retirement living and residential aged care providers has been revealed as the buyer of a $21 million block of land on the outskirts of Beerwah.
TriCare purchased the land at 68-77 Newells Road on October 6.
According to selling Agent, Ray White Special Projects, the land could be turned into a 92-lot subdivision or a 249-lot land lead community designed on a code accessible basis.
The property is two kilometres from Beerwah Marketplace, largely level and is one of the few remaining developable properties on the coast of scale.
The group owns facilities including aged care residences at Kawana Waters.
“Living in our communities means that you can embrace your passions, make new friends, be surrounded by like-minded neighbours and stay as active as you want while we take care of the maintenance,” the group states. GC&M News contacted TriCare about their plans for the site.
