Gold Coast luxury living plan for over 50s

A $180 million luxury community that aims to redefine over-50s living is earmarked for the last major development site at Arundel on the Gold Coast.

Seachange Gold Coast development plans to have 370 homes, a $10 million-plus residents’ club, and a retail and dining precinct. Seachange Developments Gold Coast has sought approval for the first stage of the project and hopes to begin construction in April.

In its research, Seachange Development found that many projects aimed at the over-50s missed the mark for baby boomers, the first of whom are now 60. It found that the idea of a traditional retirement village is almost offensive to them and that many facilities target an older and less active demographic.

Seachange plans to cater for baby boomers who want secure, low-maintenance homes without sacrificing their active, social and comfortable lifestyles. It expected 80% of its buyers to come from within a 10km radius of Arundel. Developers believe that the baby boomer demographic is into health and wellbeing and wants to live somewhere close to friends and to family.

The project will be developed in five stages, with the first to include the commercial precinct, recreation club, community centre and some homes.

Seachange will operate under the Manufactured Homes Act, which means that the developer constructs and sells homes, but retains ownership of the land.