Reside Communities behind four retirement living projects across southeast Queensland
Meet the Queensland retirement living giant building two new mega luxury apartment communities and expanding two other locations as demand grows across the state’s southeast.
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A Queensland retirement living giant is building more than 200 apartments as they invest $170 million in luxury projects across the state’s southeast.
Brisbane-based company, Reside Communities, is in the middle of four mega developments, including two new retirement villages and expansions to two other locations to cope with increasing demand for luxury apartments and villas.
Construction is underway for stage one of the company’s new locations, a $100 million, 191-apartment golf-side village in Carindale and a 300-apartment waterside development in Hope Island, with the first release at both sites almost sold out.
Reside is also working on a $40 million-plus expansion of 20-year-old retirement village Brookland Robertson in Brisbane’s south, include a range of new apartments, due to
be completed in September.
The company’s Samford Grove Retirement Village in Brisbane’s north is also receiving a multimillion-dollar expansion to feature a new recreational facility along with a range of on-ground homes, townhomes and apartments with stage one and two already sold out.
Retirement industry veteran, co-founder and CEO of Reside Communities, Glen Brown, said
there was an expectation from today’s retirees to live in modern, luxurious, and affordable
housing that supported them in this next chapter of their lives.
“The overwhelming response we have received from buyers at each Reside community shows
that retirees are seeking a better option for their retirement, and we’re committed to delivering
on this promise,” he said.
Waiting lists for the next stage of sales at each location have already received massive interest from the community, according to Mr Brown.
RESIDE COMMUNITIES RETIREMENT LIVING DEVELOPMENTS
Fairway Carindale
Brisbane’s most exclusive golf-side retirement community, Fairway Carindale, was unveiled
after strong early demand late last year.
A luxury new vertical retirement community located alongside Brisbane’s popular Pacific Golf Club, Fairway is now under construction with more than 95 per cent of the first stage already secured by local downsizers seeking premium lifestyle options for their golden years.
The masterplanned community will occupy 1.5 hectares within the 53 hectares of green open
space owned by Pacific Golf Club.
Esperance Hope Island
Construction of one of Gold Coast’s most luxurious waterfront retirement communities is well advanced.
Stage one, Esprit, has only a handful of available apartments remaining with many buyers now eagerly awaiting the release of stage two.
Esperance is transforming a disused canal-front site, which was once home to the former
Village Square market, into a deluxe waterfront community.
Esprit is in the final stages of construction with residents officially moving into their new homes in late 2022.
Samford Grove
The expansion of Reside Communities’ Samford Grove Retirement Village has received
overwhelming approval from local retirees with all Stage 1 and 2 homes and townhomes now
sold out.
The village’s multimillion-dollar expansion adds to the already strong sense of community spirit with the inclusion of a new recreational facility, The Homestead, and a range of new on-ground homes, townhomes and apartments.
Offering the largest variety of home types within a retirement village anywhere in Brisbane’s
north, the Samford Grove community is quickly becoming a favourite in the area.
Brookland Robertson
Reside Communities’ $40 million-plus community expansion of the 20-year retirement village will include a resort-style community centre with a variety of health, wellbeing and recreation amenity, and a range of one, two and three-bedroom apartments.
The first stage of the expansion, which includes a range of premium new apartments, is due to
be completed in September this year.
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