“Land lease communities are increasingly appealing, as they offer a low maintenance, secure and relatively affordable option – not to mention the opportunity to live alongside like-minded neighbours, build new social connections and stay healthy through the onsite amenities,” says GemLife’s director and CEO Adrian Puljich.
Thakral Corporation’s Australian associate GemLife is set to develop an A$428 million ($353.45 million) lifestyle resort in Queensland targeting the over-50s downsizers, according to a release dated Apr 10.
The resort, called GemLife Elimbah, spans 26 hectares, and will feature 404 homes. Each will be with two bedrooms and a multipurpose room. This is GemLife’s third resort in Moreton Bay, following GemLife Bribie Island and GemLife Moreton Bay.
