Perth-based property developer Fini Developments will build its first village at Two Rocks, 61km north of the CBD, after its plans were unanimously approved.
The 12.8ha site, which is vacant apart from a local landmark, is in a prime position just 150m from the foreshore.
15 submissions had been made against the project, with residents saying the land should be used for cafes, restaurants, retail and community spaces to attract tourists.
Complaints had also been made about the height of the village’s buildings, which would range from one to five storeys and include over 1ha of public open space.
But Council found the height was permitted under local residential design codes and the site was designated for mixed use developments.
Cr Samantha Fenn acknowledged arguments that a retirement village was ‘premature’ ahead of other services, but said the development would encourage more investment in the area.
“Retirement villages bring a density of population, a calm responsible population to the area,” she said. “I would much rather see a high density retirement village than cheap apartments.”