Sunsuper-backed real investment trust Catalyst Health, created by Justin Laboo (pictured right), is teaming up again with the business owner and operator Odyssey Health Group, a tie-up between private aged care operator Phil Usher (pictured below right) and accountancy firm WMS Solutions.
Justin Laboo led Aveo from 2006 to 2012, while Phil Usher pioneered Tall Trees private aged care, before selling it to Freedom Aged Care.
The Gold Coast Bulletin reported the towers will be connected by bridges with 170 aged and disability-care units, with some as self-contained apartments with up to three bedrooms. There will be a number of four-bedroom penthouses, each with a dual-key bedroom and ensuite in case live-in carers become necessary.
Catalyst Health’s retirement village towers’ development application was lodged in June 2020, later adjusted and it is reported a council decision is imminent.
Hutchinson Builders, who are finishing the development at Robina, have been chosen for the Chevon Island towers. The plan is to build the project, Odyssey Lifestyle Care Communities Chevron Island, in stages, with the eastern tower first.