New life breathed into Currumbin Waters retirement village project as land purchase settled

New life appears to have been breathed into a proposed retirement village project at Currumbin Waters, which has been trying to get approval for more than two years. FULL DETAILS >>>

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NEW life appears to have been breathed into a proposed retirement village project at Currumbin Waters, which has been trying to get approval for more than two years.

Singapore’s Thakral group and the Gold Coast’s Puljich family have settled on the $13.82m purchase of land for their ‘luxury’ over-50s resort on a former trotting track that backs on to Currumbin Creek.

Gold Coast City Council rejected the GemLife Currumbin Waters proposal in 2018 and the Planning and Environment Court then rejected the developer’s appeal in May 2020.

A view of the plans for GemLife Currumbin Waters.

The developers had responded by drastically downgrading the scale of their plans and settled on the four lots on Galleon Way, bought from Robert and Roberta Markey, on June 25.

Also at the upper end of the June sales list was the $4.7m sale of 3649 and 3651 Main Beach Pde, which was offloaded by New Zealand-born Stuart Robertson, via company MBP Qld, which bought the property from receivers for $2.25 million in 2013.

Developers have been trying to get approval for the retirement village project for more than two years.

The two-title 812sq m holding, currently hosting five commercial tenancies, was previously part of the portfolio of thrice-bankrupted businessman Dudley Quinlivan, and had been on and off the market since 2017.

It had previously been approved for a boutique apartment tower.

Meanwhile, a subsidiary of company Catalyst Health, whose directors include Sydney aged care identity Justin Laboo and aviation entrepreneur Matthew Beach, has amassed a 3036sqm holding in the middle of Chevron Island.

Property records show it settled on three properties at 30, 32, 34 and 36 Mawarra St for $4.52m on June 8.

It also bought three titles at 33 Anembo St, at the rear of the Mawarra St blocks, for $1.13m each.

The company’s new holding, previously owned by investor Barry Quaill, was approved for a 49-storey, 190-apartment tower.

Construction of two, 19-level “lifestyle care” towers is expected to be under way on the site within weeks.

An artist’s impression of Odyssey, Chevron Island.

They will be operated by the Gold Coast’s Odyssey Health Group, a tie-up between aged-care veteran Phil Usher and accountancy firm WMS Solutions. At Burleigh Heads, a company owned by Donna and Kathleen Graham sold 1796 Gold Coast Highway for $3.8m.

The seven homes on one title, next to the future Burleigh tram stop, sold to a company owned by rehabilitation doctor Benedicte Mancel.

Also at Burleigh, the neighbourhood shops at 34 Tallebudgera Creek Rd, on a 1234 sqm lot, sold for $3.5m.

A company owned by Neale White sold the property to Alpha Titus, held by Anita and Murray Orr.

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