The community will feature a multi-million dollar country club with amenities like a cinema, bowling alley, indoor pool with spa, gym, lounge among others.
Thakral Corporation’s associate GemLife has received approval to develop Australia’s first vertical land lease community at Currumbin Waters, Gold Coast, for A$450 million ($384.12 million).
The vertical resort is designed to meet the demand for “high-quality over-50s living”, according to the filing on Feb 20. This development features six three-level buildings and one four-level building, offering 205 three-bedroom apartments which span 13.85 hectares.
