Bolton Clarke, which was created after RDNS merged with RSL Care in 2015, is selling a 6,419m2 waterfront landholding on the Gold Coast that was to become a residential aged care home five years ago.
The site in Blundall is at the head of a canal and cost $8.85 million in 2017. The plan was to develop 57 one- and two-bedroom apartments in buildings of up to three levels.
“The subject site has been identified as surplus to future development need and is being marketed by Colliers,” said Bolton Clarke General Manager Property Development James Mantis.
“Bolton Clarke has a well-established presence across the region supporting local needs with home care services and co-located residential aged care and retirement sites, including a newly refurbished community at Currumbin and two communities at Banora Point.
“The recent acquisition of Allity has further strengthened Bolton Clarke’s Gold Coast services, adding a residential aged care home to its portfolio in Robina.
“Future development plans on the Gold Coast also include a state-of-the art integrated community in the flagship Queen Street Village at Southport.”
The SOURCE reported in November last year that Bolton Clarke had sought planning permission to increase the height of one of its two towers planned for a retirement/aged care development in Southport.
When Bolton Clarke bought Allity in March it became Australia’s largest Not For Profit aged care provider.
