New multimillion-dollar over-50s lifestyle resort, GemLife Pacific Paradise, launches on Sunshine Coast
Innovative Australian over-50s lifestyle resort developer, GemLife, launched a new master-planned community, GemLife Pacific Paradise, on Queensland’s Sunshine Coast today.
The multimillion-dollar property development will comprise 96 luxurious homes, set within a secure, pet-friendly, gated community with extensive, first-class recreational and sporting facilities.
To be built on 4.4 hectares of prime land on the Sunshine Coast, GemLife Pacific Paradise represents a premium offering from the company, with larger-than-standard size homes, ultra-high ceilings, and upgraded, luxury fittings and finishes. In keeping with GemLife’s other over-50s resorts, the Pacific Paradise development is designed to support active, engaged living in a resort-style environment, providing high quality, low maintenance homes for empty-nesters or Australians looking to downsize.
GemLife Pacific Paradise brings the company’s rapidly growing portfolio – which includes properties in Victoria, New South Wales and Queensland – to a total of six over-50s resorts.
Mr Adrian Puljich, Chief Executive Officer and Director, said GemLife had set out to transform over-50s living with an innovative approach that recognises the changing lifestyle demands of older Australians.
“Wellbeing and vibrant living are a priority. Our resorts deliver an exceptional blend of first-class recreational and leisure facilities for active and social lifestyles, together with meticulously designed, modern and stylish homes,” said Mr Puljich.
“We want homeowners to have maximum opportunities to connect and enjoy a quality lifestyle. Our country clubs, which form the heart of our communities, play a big part of this.”
It will accommodate an extensive range of recreational facilities including an outdoor yoga studio, pool with spa, fully equipped gym, sauna, ten-pin bowling alley, tennis, bocce and pickleball courts, a gold class style cinema, art & craft studio, music room, wine room, bar & coffee lounge, and more.
The Sunshine Coast is the second most popular destination for interstate migration, driven by its mild subtropical climate, relaxed lifestyle and comparatively affordable housing. The area continues to be popular within the State too, with its coastal centres favoured by empty-nesters and retirees.
“We build our resorts at premium, sought-after locations. Pacific Paradise is close to beaches, vibrant local communities, shopping, dining and medical facilities, and only an hour from Brisbane airport,” said Mr Puljich.
GemLife Pacific Paradise has eight home designs, each with multiple façade and colour-scheme options. All homes are three-bedroom with seamless indoor-outdoor living and feature top-of-the-range appliances, integrated surround-sound systems, security alarm systems and energy-efficient inclusions such as solar PV panels.
Unlike other providers in the industry, GemLife does not charge entry or exit fees, providing financial transparency and certainty for home buyers. Homeowners retain 100% of capital gain.
Construction at the resort’s Menzies Drive site is scheduled to begin before the end of Q3, with the first homes ready to move into in early 2020. Development approval was granted earlier this year in February.
Based in Queensland, GemLife launched in late 2016 as a joint venture with parent company Living Gems and financial partner Thakral Capital. It now has six properties across Australia, accommodating more than 1300 residences.