EXCLUSIVE: 'Gran Central' $63m retiree resort coming
THE NEXT wave of Coast retirees will be living it large in one of the Coast's first major ventures into 'high-rise' retirement villages.
Construction of Stockland's $63 million Oceanside Retirement Village will start by the end of the year and will deliver an eight-storey, 140-apartment retirement 'resort' of sorts by early 2018.
Low-maintenance living will be the focus of the development which sits close to the Kawana Health precinct and alongside the separate, 151-bed Opal Aged Care facility which, through a partnership with Stockland, will enable retirement village residents to transition into the higher-care Opal facility next door as their needs change.
Stockland's regional manager of development (retirement living Queensland) Paul Keleher said stress-free, affordable living was the aim of the project which will feature a mixture of one, two and three-bedroom apartments.
He said while it was an independent living facility there would also be scope for some personal or home care services to be administered in the new "vertical retirement village".
Mr Keleher said it was an exciting project as it was the first true co-location they'd undertaken with Opal and he said the proximity to both the new Sunshine Coast University Hospital and Sunshine Coast University Private Hospital would make it an ideal position for retirees seeking a lower maintenance existence.
He said the partnership with Opal would also open the door for older couples with different levels of needs to be accommodated and positioned close to each other.
"It's unlikely to be repeated any time soon," Mr Keleher said of the greenfield site.
The retirement village apartments would feature a mixture of ocean views towards the future Bokarina Beach development to the east- set to start either late this year or early next year- and to the west, views of the Glasshouse Mountains.
"It's a significant investment," Mr Keleher said of the $63 million project.
That figure represented the cost of construction, the land and other associated expenses.
Mr Keleher said there was an increasing need for aged living on the Coast and he expected to see more vertical retirement spaces created in future.
Each apartment will be allocated one car park as well as "ample" visitor parking at the facility which will also feature a 600 sq m community facility, gym, outdoor pool, gardens and decks.