51 of the 52 apartments across two buildings being built in Stage 1 of Reside Communities' Fairway Carindale development on the Pacific Golf Club, 13km southeast of Brisbane’s CBD, have been sold off the plan.
“There are two stages remaining. There will be 79 apartments in three buildings in Stage 2, predominantly with golf course and parkland views, and we have a very strong wait list for that,” said Reside Communities CEO Glen Brown.
“There will be two buildings in Stage 3 with 60 apartments, again mainly with views of the golf course and parkland.”
Fairway Carindale is a master planned community with apartments and resport-style facilities for independent retirees.
One-bedroom apartments sell from $495,000 and two-bedroom apartments from $795,000. The three-bedroom apartments and penthouse have sold out.
.Glen says he views Fairway Carindale as a “very unique development”.
“We are building a new golf clubhouse plus Fairway Carindale residents-only community facilities adjacent to the 9th and 18th greens at Pacific Golf Club,” he said.
“Almost 90 per cent of Pacific Golf Club members have voted in support of the project, and many members have since secured residences within stage one of the retirement community.”
There will be more than 2,000sqm of recreational space.