GemLife Gold Coast fast-tracks Stage Two after $18M first stage sell-out in two days

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The thirst for luxury land lease living appears to be unquenchable as GemLife’s new over 50s resort at Pimpama in the Gold Coast sold its 26 homes in Stage One for $18 million in just two days.

GemLife Director and CEO, Adrian Puljich, said the response to GemLife Gold Coast has led the business to fast-track the Stage Two of 88 homes to meet the significant demand.

“Many (of the buyers) are in the younger end of the over-50s demographic and the fact GemLife Gold Coast caters to such a diverse range of interests and provides so many opportunities for social interaction is appealing, as are the high quality of the homes and the location,” said Adrian (pictured), a speaker at the LEADERS SUMMIT in Sydney last Thursday.

“We already have buyers lining up to secure their place in stage two and are confident it will also sell quickly.”

GemLife Gold Coast will span a 46-hectare elevated parcel in the city’s northern corridor, with views stretching from North Stradbroke to Burleigh and a 7000sqm three-level Country Club.

Mr Puljich said GemLife was also finalising bespoke designs for a second release of homes in the stage one precinct.

GemLife, which has 10 communities across Southeast Queensland, Northern New South Wales and Victoria, says the community will ultimately comprise 365 homes built in stages over more than three years.