GemLife Greenlit for Over-50s Project at Moreton Bay

Moreton Bay Regional Council has approved GemLife’s $428-million over-50s proposal at Elimbah, the developer’s third land-lease project in the region. The approval brings the developer’s total regional projects to more than 1350 homes. The development at 38 Atherton Road, about 50km north of Brisbane CBD, will add 404 homes to the rapidly growing sector catering to downsizers in Queensland. The 26ha site is 9km north of Caboolture, near what GemLife describes as “the gateway” to Bribie Island, North Lakes and the Sunshine Coast. GemLife chief executive Adrian Puljich said census data showed nearly 40 per cent of Elimbah residents were aged over 50 years, highlighting the area’s demographic alignment with its target market. The development uses a land-lease model whereby residents own their homes but rent the land—a structure that eliminates stamp duty, and entry and exit fees typically associated with retirement villages. Weekly site fees cover security, maintenance and management costs. Homes will be of two bedrooms plus a multi-purpose room and have 7-star energy ratings and integrated virtual power plant technology to optimise solar-energy use across the community. The development’s $20-million of amenities include a two-level country club with a ballroom, virtual golf facilities, wellness room, library and cinema. Also planned are indoor and outdoor pools, a gym, tennis and pickleball courts, 10-pin bowling and covered lawn bowls. ▲ GemLife chief executive Adrian Puljich: Separate venture called Aliria. The Elimbah project joins GemLife’s expanding portfolio that comprises more than 6500 homes throughout south-east Queensland, including communities at Bribie Island (launched in 2016) and Moreton Bay (launched in 2023). Construction is slated to begin this year and be executed across seven planned stages. GemLife’s expansion follows Puljich’s launch of a separate $500-million venture called Aliria . The new enterprise aims to develop 1004 homes across four Queensland sites, beginning with a 57-duplex project at Rockhampton where early works start shortly. Aliria will operate alongside GemLife and Living Gems, targeting “undersupplied markets” with boutique communities of 50-90 homes on infill sites. The company has also secured sites at Bundaberg, Toowoomba and Kilcoy for 2025 launches, and plans further developments in NSW and Victoria.

GemLife Greenlit for Over-50s Project at Moreton Bay

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GemLife Greenlit for Over-50s Project at Moreton Bay

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