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ExclusiveClare BurnettSun 17 Aug 25

Pop-Out Apartments Power GemLife’s $450m Vertical Experiment

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GemLife site Currumbin Waters EDM
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Pop-out apartments may prove a “build-to-rent killer” as GemLife’s vertical land lease community progresses.

Newly ASX-listed GemLife was approved for its seven-building, 250-unit over-50s development at Currumbin Waters in March, and the $450-million experiment has since caught the industry’s attention.

While GemLife group chief executive Adrian Puljich is modest about the nuts and bolts of the product, he is confident about the concept of vertical land lease.

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Clare Burnett
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Article originally posted at: https://www.theurbandeveloper.com/articles/gemlife-vertical-land-lease-currumbin-waters-qld