COVID delays $60M Lota House development – plus Supreme Court ruling on 60-year-old will

Published on

The Lota House development on Brisbane’s bayside has hit a snag, with COVID-19 stalling construction on the $67 million luxury retirement village.

The project, which is being developed by The Village Retirement Group (TVRG) and Anglicare, was originally rejected by Brisbane City Council as we reported here.

The ruling had been overturned by the Planning and Environmental Court in December last year after several minor changes by the developers.

“Progress of the proposed Manly retirement village project has been impacted by COVID-19,” said a spokesperson from TVRG told The Courier Mail.

“The Village Retirement Group (on behalf of Anglicare Southern Queensland) is currently finalising its detailed design for the project.”

“It does not expect to be in a position to start construction this year.”

The development will include 100 units in two four-storey and two six-storey buildings.

Supreme Court ruling

It wasn’t all bad news for Anglicare Southern Queensland however.

The Brisbane Times reports the Supreme Court has ruled funds left to Anglicare from Sir Edwin Marsden Tooth in the 1950s were absolute and not subject to a trust.

Sir Edwin was one of the pioneers of Brisbane’s early automotive industry and had left 500,000 pounds to charities and educational institutions run by Anglicare after his death.

After a hearing in May, Judge Glenn Martin found Anglicare was “beneficially entitled” to the funds, over which it had “all powers of an absolute owner”.

The ruling was published last week.

Share.